The first step to see if you qualify for a foreclosure bailout loan is to take your mortgage balance and divide by the home value. For example, if you owe $50,000 and your home is valued at $100,000 you divide 50,000 by 100,000 and you get .5 or 50%. Foreclosure lenders will not lend to you if your mortgage balance is greater than 65%.
Please do not post your foreclosure situation in the foeclosure forum if your loan-to-value is greater than 65%.
Foreclosure bailout loans help you access your home equity and save your home from foreclosure. Regardless of whether you are being threatened with foreclosure, have a bankruptcy or delinquencies on your credit report, you may still qualify foreclosre loan or a foreclosure bailout loan.
We can discuss your foreclosure loan options and answer any questions you may have about the foreclosure bailout loan process.
All information is kept strictly confidential and your privacy is 100% protected. You will be contacted immediately after submitting your foreclosure bailout loan request.
To qualify for a foreclosure bailout loan please post your property information in the stop foreclosure forum.
