Behind on your Overland Park, Kansas Mortgage Loan? What does a mortgage lender look at in order to help an Overland Park, Kansas homeowner behind on a mortgage?

Behind on your Overland Park, Kansas Mortgage Loan?

What does a mortgage lender look at in order to help an Overland Park, Kansas homeowner behind on a mortgage?

When a mortgage lender is deciding to help a struggling homeowner, a mortgage lender looks at the following criteria:

1. Has there been a job loss? If yes, the mortgage lender may offer options.
2. Is there a illness or a medical emergency in the family? If yes, a mortgage lender may offer options.
3. Is there a death in the family? If yes, a mortgage lender may offer options.
4. Is there a divorce and a loss of a 2^nd income? If yes, a mortgage lender may offer options.
5. Is there an over extension of debt? If the debt load is over the lenders accepted ratio compared to the monthly income, the mortgage lender may offer options.
6. Is there is a job demotion or temporary loss of income? If yes, the mortgage lender may offer options.
7. Is the adjustable rate monthly mortgage payment increasing? If yes, the mortgage lender may offer options.
8. Is there an unexpected major home maintenance expense? If yes, the mortgage lender may offer options.

If you or someone you know is having problems making the monthly mortgage payment, contact the Kansas City Real Estate Network.

RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

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