"We don’t know what we don't know!" That's the feeling many homeowners have who are trying to negotiate a mortgage while caught in the midst of the current mortgage meltdown. Not knowing who they should be calling and what questions they should be asking. Not understanding the options brought about by decisions made using too optimistic forecasts, too little education and now, too many financial setbacks.
On the other hand, there are those fortunate enough to weather this economic storm and want to take advantage of lower mortgage rates and housing prices, both not seen in generations, but don’t want to get caught off guard by tighter restrictions or credit questions. Solutions to both issues were recently launched, literally, at the new web portal AboutYourMortgage.com. AboutYourMortgage.com is a consumer-focused and user-friendly website which opens up the communications between homeowners and their mortgage servicers creating a better information flow leading to better decisions - on both sides. AboutYourMortgage.com is free to consumers who want to renegotiate their mortgage, refinance their existing mortgage or seek a mortgage as a first time homeowner; all who want quick, understandable solutions while saving time and money cutting through the red tape. AboutYourMortgage.com is the brain-child of Tim Allen, a Certified Mortgage Banker who saw the need for a more transparent environment back in 2000. With more than two decades of mortgage industry experience, Allen saw an ominous trend but responded with a simple solution. Helping to lead the executive team, AboutYourMortgage.com Board Chair Tim Allen has named Wade Hamby as President and CEO. Hamby is a seasoned executive with more than 25 years of senior level sales and marketing experience in the mortgage industry...read more
Tags: Tim Allen, Wade Hamby, mortgages, mortgage advice, mortgage renegotation