Jumbo Loan Rates Today – 4/17/2014

(LoanSafe.org) – Current jumbo mortgage rates are mostly the same today, with the exception only one loan program that went up this morning at Wells Fargo.  The 30-year fixed rate mortgage (FRM) increased at Wells Fargo under their home purchase program. Jumbo mortgages are loans exceeding $417,000 or $625,500 in high-cost areas. Additional loan products, rates […]

What is a VA loan?

The term ‘VA loan’ can be heard frequently when discussing mortgages, but not everyone understands what a VA loan actually is, and what is required to obtain one. VA stands for ‘Veterans Affairs’, as VA loans are specifically intended for Veterans and Service Members who possess a valid Certificate of Eligibility (COE). They are usually […]


13 Tips to Help You Get a Loan Modification in 2014

Many things have changed in the loan modification process since the mortgage crisis of 2007 had officially began.  What used to be a rogue process for struggling homeowners with no government checks and balances, has now morphed into a highly regulated sector of the mortgage servicing industry. These changes have proved to be a positive […]

Loan Modification Resource Guide

This is the LoanSafe loan modification resource guide. This page is dedicated to educating you about the loan modification process with articles, videos, podcasts and links to free help. If you need more comprehensive professional mortgage help along with example forms, hardship letters, income and expense sheets in a downloadable format, then we highly recommend […]


Home Loan-Guarantee Program Helped Tennessee Borrowers Obtain Homeownership Throughout 2013

(Source: USDA) – USDA Rural Housing Administrator Tony Hernandez announced today that the agency’s home loan-guarantee program reached a record high in Tennessee as private lenders used the program to help 6,913 families and individuals buy a home in rural areas of the State during fiscal year 2013. The total private/public investment topped $846 million […]

Bakersfield Loan Officer to Serve 78 Months in Prison for Multi-Million-Dollar Mortgage Fraud Scheme

(Source: FBI) – United States District Judge Lawrence J. O’Neill sentenced Jayson Peter Costa, 41, of Bakersfield, to 78 months’ imprisonment today for his role in an extensive mortgage fraud scheme that ran from January 2004 to September 2007, United States Attorney Benjamin B. Wagner announced. Costa was ordered to self-surrender by May 5, 2014.

Home Equity Loan Questions

Home equity loans are a type of mortgage loan which differ from a first mortgage, otherwise known as a first lien that allows a borrower to purchase a property. These loans originate from a property owner’s equity and although first and second mortgages differ quite a bit, they still use many of the same terms. […]

Bad Mortgage Loan Modifications

(LoanSafe.org) – There are bad loan modifications out there, and the purpose of this article is to show why some are better than others and to seek out any bad mortgage loan modifications to try to fix the defects before they cause more distress to homeowners, investors, and communities all across America.