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home affordable: Obama's 2% Loan Modification Plan Details & Benefits - 01/31/10 06:54 PM
Borrowers who are struggling with loss of income, increased expenses or some other financial hardship may be able to get help with a government rescue plan paid for with $75 billion in stimulus money. President Obama's Home Affordability plan is available for borrowers who can no longer afford their mortgage and are facing the possibility of default or late payments. Learn how the loan modification process works and just what it takes to qualify for this federal assistance program. Would a 2% interest rate on your home loan help you to be able to afford your mortgage? When a borrower qualifies
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home affordable: HAMP Approval Guidelines-Obama's Loan Modification Rescues Homeowners - 01/31/10 06:41 PM
Feel like you are painted into a corner and running out of out of options because of high mortgage payments? Wait, you may be able to end the stress and frustration by qualifying for a HAMP loan modification using Obama's federal loan modification plan. The benefits of this government funded loan workout include reduced interest rates, longer loan terms and even principal reductions for homeowners who can meet the eligibility requirements. Here are some details of the plan and how you can apply. The Treasury Department has approved banks to offer loan modifications using the federal plan called, Home Affordable Modification
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home affordable: Wilshire Credit Corp Loan Modification-Get a Second Chance with Obama's Program-How to Apply - 10/23/09 10:46 AM
Many frustrated homeowners that have hit a brick wall of resistance trying to get a Wilshire Credit Corp. loan modification may have a second chance to get the lower mortgage payment they need to avoid foreclosure. The Obama "Making Home Affordable" modification program requires participating lenders to review every application from homeowners who request that they be considered for the plan. Most banks are in the process of reviewing their loans for eligibility. If you are interested in learning how to pre-qualify for this plan, here is some valuable information. Just because you have been denied a Wilshire Credit Corp loan modification in
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home affordable: Wells Fargo Mortgage Modification Stops Foreclosure Immediately - 09/26/09 09:47 AM
A Wells Fargo Mortgage modification is a good option to stop foreclosure immediately, bring your loan current and give you an affordable monthly payment. If time is running out for you, then it is critical to learn how you can apply and qualify for a government program to save your home. Don't give up until you find out if this is the answer for you. When foreclosure is knocking on your door, it is easy to panic and give up. But did you know that Obama has offered a government mortgage modification plan that is specifically designed for homeowners just like
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Susan V. Gregory
Dana Point,
CA
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Newman Realty
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