Maria Patterson

Becoming a more and more popular option for distressed homeowners, this process is called a 'short sale', which occurs when...

Talk with your lender immediately. The lender may be able to arrange a repayment plan or the temporary reduction or...

Check with your state. It may provide special protection through the filing of a homestead exemption, which exempts some or...

Unfortunately, it is a pretty bad blemish. A property foreclosure is one of the most damaging events in a borrower's...

It is not easy but certainly doable with both commitment and time. By law, any unfavorable information in your credit...

It is all those things that appear on your credit report that are unflattering. This may include missing a credit...

A home equity loan, like a second mortgage, lets you tap up to about 80 percent of the appraised value...

A second mortgage is a loan against the equity in your home. Financial institutions will generally let you borrow up...

When you amortize a loan you basically pay off the principal by making regular installment payments. This typically takes place...

Also referred to as PMI, it is insurance you pay to protect the lender in case you default on the...