Qualification

Qualification

Some of the hardships that lenders will consider are: 

  • Adjustable Rate Mortgage Reset
  • Payment Shock
  • Loss of Job
  • Reduction of Income or Earnings
  • Failed Business
  • Job Relocation
  • Death / Death of Spouse or C0-Borrower
  • Illness
  • Incarceration
  • Divorce / Marital Separation
  • Military Duty
  • Medical Expenses
  • Property Damage (natural or unnatural disasters)