Tag: principal curtailments

Loan Modification Made Easy

A loan modification is an alteration of the original mortgage agreement between the lender and the homeowner. A lender will consider a loan modification if the owner can show that your current financial situation makes it difficult or impossible for them to make their mortgage payments. This change may result in the reduction or the […]

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Principal Curtailment

Principal Curtailment´╗┐ is the process in which a homeowner pays the mortgage in a different way which is a faster and quicker way in order to pay down the principle at a faster rate. This allows a homeowner to use the professional term principal curtailment in order to pay down the principle on the home.┬á […]

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