Press Release Summary = OneBetter Mortgage Corp, a Registered Mortgage Broker with the NYS Banking Department has developed a program in conjunction with third party lenders to Stop Foreclosures. The program provides new mortgages for the mortgage in default
Press Release Body = With the rising costs of fuel, unemployment, illness and many other factors sometimes very good people have very bad problems such as a mortgage foreclosure. Historically Chapter 13 was a simple way to get a chance to pay back the mortgage arrears. The new Bankruptcy Law effective October, 2005 has changed all that. In an attempt to solve this problem, OneBetter Mortgage Corp, a Long Island Based Licensed Mortgage Broker which is registered and bonded with the New York State Banking Department has developed a Stop Foreclosure program with several third party lenders where home owners can apply, for free, to see if they can get a new mortgage and thereby stop the foreclosure on their home. OneBetter Mortgage Corp is located in Great Neck, New York. Details of this program can be found on their web site: www.OneBetterMortgage.com, by email inquiry to StopForeclosure@OneBetterMortgage.com or by telephone call to: (516) 482-3399. Consultation is always free. Y ou can apply on line for free or call for a free consultation and a free price quote. The problem with many other Mortgage Brokers is that they have not entered into agreements with Wholesale Lenders who look beyond the FICO score. At OneBetter we have selected third party lenders who understand that there are problems that do not depend upon a FICO score or credit history to solve. People with poor credit. People with bad credit can still get loans. At OneBetter we are advocates of equity over credit. Our founder, Norman M. Mendelson, Esq. is a practicing Bankruptcy Attorney and has been practicing for the past 37 years. Historically, no credit counseling was required in order to file a Chapter 13. That has changed. Now those who wish to file a Chapter 7 or Chapter 13 must satisfy the credit counseling requirements of the new Bankruptcy Code. Credit counseling is NOT required to get a new mortgage and unlike a Bankruptcy, a new mortgage will not negatively impact your cre dit for the next ten years.
2012
