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Saturday, October 16, 2010

MODIFIKASI Yamaha V-Max


MODIFIKASI Yamaha V-Max

What are the guidelines then for homeowners to qualify in receiving a modification? There are five main qualifying elements in receiving a modification:

1st - Is this your primary residence or is the home owner occupied? If so, you potentially qualify.
2nd - Is your home valued less than $729,750? If so you potentially qualify.
3rd - Was your home originated before January 1, 2009?
4th - What financial hardship are you currently experiencing? Without a financial hardship banks/lenders will most likely not consider you for a modification. A hardship can be either unemployment, reduction or decrease in income, divorce, etc...
5th - Is your current mortgage payment greater than 31% of your gross income

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