I had a very hard weekend and I am feeling bad for myself. I have a few thing that I am going threw at home. But, I know it will be okay I hope. I am going to be alright!!!! I will keep my head up and keep smiling!!!
Okay we know the investor, loan type, RFD, and the TAD!
So now we need to find out your interest rate! Now depending on the program you pre-qualify for you need to know your interest rate.
For example: You qualify for a MOD or (Loan Modification) and your interest rate is below market value you would not get the MOD. What I am trying to say to you is that if your interest rate is a 5.25 and the market value or should I say Houdini is 6.25 and you have and investor that does not allow the interest rate to be raised such as a VA loan then you would not get the Loan MOD. But those are the rules that we have to follow. So that is the reason why you,( The Homeowner) should know this information. I bet your wondering what is a Houdini and Debenture. These are names that I learned from the Mortgage Company that I worked for. They are forms used to determine the interest rate.
Yes, it is important to know your interest rate, loan type, investor, RFD and the TAD.
So just work on that and I will give you more information on how to get help!
KNOWLEDGE IS POWER
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- DEVINE'S HOUSE
- Devine House is a company that provides a mass verity of quality service to our clients. We specialize in customizing our services to fit your company’s needs. We are an honest and hard working company that enjoys being able to provide our consulting, advertising, and informational service. Our Belief: Work hard and get the job done right the first time and you won’t have to do it over again. God first at all times: Live, Love and Be Happy! No matter the issues and problems!
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