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Posts Tagged ‘Affordability’

My dad put a home loan in his name that loan is now “upsidedown” the payments have not been behind but it is a?

May 17th, 2009

ARM loan because he the property is not OWNER Occupied I don’t believe he will qualify for the new HOMEOWNER AFFORDABILITY AND STABILITY PLAN the home is way upside down loan $355K homes in area now worth maybe $180K so no one will refinace what are his options?Sell and Rent Back

secured loan , ,