Tri City Wa Home Loan Modification
Posted by Colleen Lane on
Those interested in joining the $75 billion Making Home Affordable program that the Obama administration began should take a closer look at all that entails. Homeowners signing up for the program are getting a little surprise: their credit scores are dropping. Those borrowing money and making all their payments but on the verge of default can have their credit score reduced by as much as 100 points as a result of the new program. This auto-adjustment for credit score can make it difficult for a person to get a loan or find a job. Individuals applying for the program are those that are in a financial bind.
There are housing counselors that say this new program is unfair to people applying for the program because they are not warned about…
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