The Final Loss Mitigation Affidavit in Maryland

Loss Mitigation Affidavit in Maryland

You are behind on your mortgage and have been receiving packets of mail from your lender. After receiving notices of default, you start getting documents that look more serious. First, you receive a “Notice of Intent to Foreclose.” 45 days later, your lender will file an “Order to Docket Foreclosure” in the Circuit Court. This…

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The Loan Modification Process: Get a Deal to Save Your Home

loan modification process

The loan modification process is complicated and can be challenging to do on your own. It requires you to fill out an extensive application, write a hardship letter, submit a large amount of documentation, have ongoing communication with your lender, and more. While getting the right deal on a loan modification could help you to avoid foreclosure without filing for bankruptcy, time is not on your side.

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Hard Money Loans for Flipping Houses – Case Studies

Photo: Hard Money Loans for Flipping Houses - Case Studies

In our previous posts about hard money commercial loans, we discussed the risk of hard money commercial loans, including higher interest and fees, higher default interest, short terms, and fast collections through confessed judgment clauses and other collections in the event of default. We also discussed the mechanics of hard money commercial loans. When it…

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