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Ready Set GO! Making Home Affordable Programs Readying for April 4th Release
We've been hearing a lot about the Making Home Affordable initiatives, and have been anticipating the release of all the details for the Refinance and Modification programs. The website is up and running today, so many of our answers should be provided. If you are struggling on making your payments, whether you've fallen behind on your mortgage or not, go to www.makinghomeaffordable.gov and see if these programs might be the options you need.
If you already applied for a refinance or modification and were turned down by your lender, TRY AGAIN! I have a list of clients who have contacted me and are poised and ready to apply on April 4th, and they all HAD THEIR LOAN REQUESTS TO REFINANCE DECLINED LAST YEAR DUE TO MARKET VALUES!!!! You do not have to go to your existing lender to refinance, only if you have fallen behind on your payments, so CALL YOUR MORTGAGE BROKER TODAY! We know which lenders are backlogged and slow, and who might be able to get your loan done quickly and at a great interest rate.
Here is part of the latest statement released by the agency monitoring this program:
Next Steps for Homeowners

I've described the ... more

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