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Paul Chavez's Articles

  • Business Line of Credit Underwriter Secrets Revealed
    The business loan application itself as well as making sure your loan gets approved for your business can be a daunting process. A recent study has shown that over 80% of small business loan applications are declined due to presentation alone!
  • Homeowners Beware! What You Need to Know Before Choosing a Loan Modification Company
    A loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. These days, it seems like everyone is purporting themselves to be a Loan Modification Specialist. Borrowers should be wary of such loan modification mills and should only work with a company who has licensed attorneys who actually do the negotiations.
  • How To Get A $100,000 No Documentation Business Line of Credit
    No documentation business loans and lines of credit rely heavily on credit, assets and years of experience. For $100,000 business lines of credit, most lender guidelines call for a minimum 680 credit score (most business lenders use the Experian credit score), 2 years in business and home ownership.
  • Stuck in a Negative Amortiztion Loan? How to Convert to a Fixed Rate Mortgage
    Over 2 Million American families have found themselves to be an unlikely statistic as foreclosure rates continue to skyrocket, even causing some lenders to fail. Fannie Mae and Freddie Mac needed a "bail-out" of themselves from the government. It's getting bad with yet another wave of foreclosures set to begin in 2009.
  • Loan Modification Home Saver Program - Avoiding Foreclosure
    A loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable.



Finance News

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