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Between April and the end of June, 19.9 percent of Palm Beach County homeowners with a mortgage owed more on their loan. in South Florida owe more than double on their mortgage than their home’s.
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Negative equity is the term for owing more on a mortgage than a home is worth. Applications for refinancing are up in Florida and nationwide, according to online lender lending tree. nationwide, four.
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Lending here ain’t what it was. 969 loans in Broward and 450 loans in Palm Beach.. The momentum in residential mortgage lending in South Florida has shifted toward refinancing as the. Sure, there are dozens of big bank mortgage lenders nationally, but you need a lender in South Florida.
The three Florida men charged with reverse-mortgage fraud on Wednesday were Palm Beach County residents who worked. "While legitimate loan modifications and reverse mortgages are useful tools to.
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