Mortgage Loan At Low Interest Rate For Refinancing Bill lifts taxes on forgiven mortgage (Detroit News) by Mortgage

Thu, 20 Dec 2007 19:00:03 -0700

Mortgage Loan At Low Interest Rate For Refinancing Bill lifts taxes on forgiven mortgage (Detroit News)

by Mortgage @ Thu, 20 Dec 2007 19:00:03 -0700

WASHINGTON -- President Bush will sign a bill today that will help struggling homeowners by no longer requiring them to pay taxes when their lender forgives part of their mortgage. For instance, your credit history is not that great. Banks generally reject mortgage applications if the credit score is below 670. With a mortgage broker, you can shop around for a lending company that offers bad credit mortgage loans.


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