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HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
unemployed
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
unemployed

Unemployed Get a Break on FHA Loans

2011-07-08T02:55:45-07:00

July 8, 2011 (Shirley Allen) Recognizing that the current economic hardships have made current forbearance programs inadequate, the Obama Administration announced adjustments to the Federal Housing Administration’s (FHA) Special Forbearance Program that will require mortgage servicers to extend the forbearance for FHA borrowers who qualify from four to 12 months. […]

Unemployed Get a Break on FHA Loans2011-07-08T02:55:45-07:00

HUD Announces Emergency Homeowner Loan Program

2011-06-21T03:57:38-07:00

June 21, 2011 (Shirley Allen) Homeowners who have experienced a reduction in income and are at risk of foreclosure due to unemployment or underemployment as a result of economic or medical conditions may now qualify for a new emergency homeowner loan program introduced by the Department of Housing and Urban Development (HUD). […]

HUD Announces Emergency Homeowner Loan Program2011-06-21T03:57:38-07:00

Hardest Hit Fund Foreclosures Delayed 45 Days

2011-01-21T05:30:33-07:00

January 21, 2011 (Jeff Alan) Fannie Mae announced that it is directing its mortgage servicers to delay scheduled foreclosure sales for 45 days. The moratorium applies to borrowers that been approved assistance through the Hardest Hit Fund. The Hardest Hit Fund was part of a series of housing programs announced in February 2010 to help [...]

Hardest Hit Fund Foreclosures Delayed 45 Days2011-01-21T05:30:33-07:00

40% of Homeowners Still Paying Over 6 Percent or More on Mortgages

2010-12-02T08:47:44-07:00

December 2 2010 (Chris Moore) According to JPMorgan, which tracks U.S. mortgages held by major lenders including Freddie Mac and Fannie Mae, nearly 40 percent of homeowners are still paying 6 percent or more on their mortgages. Read more...

40% of Homeowners Still Paying Over 6 Percent or More on Mortgages2010-12-02T08:47:44-07:00

Las Vegas Still Tops in Foreclosures

2010-10-30T00:44:06-07:00

October 30 2010 (Chris Moore) Las Vegas continues to top the country in foreclosure filings according to RealtyTrac in its third quarter report. Cities in four states -- California, Florida, Nevada, and Arizona -- accounted for the 13 hardest hit areas. Las Vegas was far and away the hardest hit metro area. One out of [...]

Las Vegas Still Tops in Foreclosures2010-10-30T00:44:06-07:00

HUD Announces $1 Billion Bridge Loan Program for Unemployed

2010-10-07T23:14:32-07:00

October 7 2010 (Chris Moore) The Department of Housing and Urban Development (HUD) announced a new program on Tuesday which would allocate $1 billion in bridge loans to mortgagors who are unemployed or have suffered significant losses in income. The program will be offered in 32 states and Puerto Rico and will assist eligible homeowners [...]

HUD Announces $1 Billion Bridge Loan Program for Unemployed2010-10-07T23:14:32-07:00

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