Rebuilding Your Credit Score After Foreclosure

( – One of the most daunting tasks you will face after a foreclosure is rebuilding your credit score. A foreclosure can seriously impact your credit score and you’ll find your score lowered 100-200 points from the time you first became delinquent. (more…)

Refinance Program for Underwater Oregon Homeowners Who Don’t Qualify for HARP

(Source: Senator Jeff Merkley) — Oregon Housing and Community Services Department (OHCS) and Oregon’s Senator Jeff Merkley announced the launch of the Rebuilding American Homeownership Assistance Pilot Program (RAHAPP), which will begin accepting applications online at noon on Wednesday June 12, 2013. (more…)

Tips When Mortgage Shopping

( – Comparing mortgage loans among various lenders is often times a difficult task for borrowers who may not be familiar with the mortgage industry.  While shopping, it’s essential to look up all the factors that a loan consists of, not just the interest rates. Closing costs, the quoted rate and points will all affect the true cost of the loan. (more…)

Get the Most Out of Home Improvements

( – If you are one of thousands of homeowners looking to make home improvements, it’s crucial that you take the time to decide which projects to take on, as not all renovations will increase your property’s value. This is especially true in neighborhoods where the surrounding properties are very similar in size and structure. Judgment is crucial when deciding which route to take with home improvements. (more…)

Using Home Equity to Pay Off Student Loan

( – We’ve recently come across many student loan borrowers who are thinking outside the box and researching various ways to pay off their student loans fast. It’s no surprise that debt has become a major financial burden on countless college graduates across the country, with approximately half of all student loans in “deferred” status. Deferred means that the student has chosen to temporarily postpone interest and principal repayment on the account(s). (more…)

How to Counter Predatory Lending and File a Mortgage Complaint

( – Mortgage fraud is a two-sided crime that can be committed by either party, whether it be a regular person (borrower or broker) or by the lending institution itself. While we see the majority of mortgage fraud cases occur through individuals, due to lack of mortgage protection laws in the past, there are predatory lenders out there who have made billions of dollars off swindling borrowers. (more…)

Tips to Help Pay Back Multiple Student Loans

( – With tuition rates on the rise across the country, students are taking on multiple loans in hopes of paying them back while undergoing courses, or when they finish college and land a job in their field. In today’s economy, students are finding it very difficult to make their way through college without having to acquire various forms of financing to pay for a college education. (more…)