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obama: 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 … (0 comments)

obama: 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 … (1 comments)

obama: Indymac Loan Modification with Obama's HAMP Guidelines for Approval - 01/21/10 10:02 AM
Can you benefit from an Indymac loan modification using Obama's HAMP plan? This federal program is called Home Afffordable Modification or HAMP for short.  If you are stuck in an unaffordable mortgage and facing a financial hardship situation, you need to learn how to apply and qualify for help using this government program. Here is a basic overview of the guidelines for approval and the terms offered for eligible homeowners.
Basic guidelines for Indymac HAMP Approval:
You must live in the home as your primary residence Your loan must have been originated before January 1, 2009 The loan amount must be … (0 comments)

obama: 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 … (3 comments)

obama: Countrywide Loan Modification with Obama's 2% Home Affordable Plan-Learn How to Apply - 10/23/09 10:32 AM
If you are struggling with high payments on your Countrywide mortgage, then you need to find out if you may qualify for government assistance.  The Obama Federal 2% loan modification plan, "Home Affordable" has made it easier than ever for the average homeowner to successfully complete their own do it yourself loan modification.  Because this program has standardized approval criteria and the same general modified loan terms are available to every qualified borrower, you can work directly with Countrywide and have a good chance of success.  That does not mean that you can just throw some paperwork together.  To get the … (3 comments)

obama: Obama's Home Affordable Modification-Plan Details & Who May Qualify - 10/18/09 07:29 PM
Foreclosures are still on the rise and if you are at risk of losing your home, here is some important information you need to know.  President Obama's Making Home Affordable loan modification plan seeks to help up to 5 million homeowners facing the possibility of losing their homes due to unaffordable home loans. The plan is funded by $75 billion dollars and offers a unique feature that pays lenders, servicers and borrowers to participate in the loan workout program.  To date, only a little over $1 billion has been used, so there is still plenty of funding to help at-risk homeowners … (0 comments)

obama: Wachovia Mortgage Loan Modification Request-How to Get Started & Get Help - 10/04/09 03:20 PM
Struggling homeowners who are facing a financial hardship situation should contact Wachovia and submit a mortgage loan modification request.  The federal government is offering help to borrowers who can no longer afford their home loan and are at risk of default.  But, with close to 5 million homeowners seeking assistance, you need some basic knowledge about what it takes to apply and qualify if you hope to get results quickly.  Here are the basics that will help you work directly with your bank to get the help you need and deserve.
The first step in a Wachovia mortgage loan modification request … (5 comments)

obama: Citimortgage Loan Modification Help-Does the Obama Federal Plan Benefit You? - 10/04/09 03:10 PM
Don't give up hope-there may be a solution to help you obtain an affordable mortgage payment and end the stress and frustration caused by financial difficulties. Citimortgage loan modification help is being offered by Obama's home rescue plan for homeowners who are at risk of falling behind on their mortgage payments or losing their home. The recession, record job losses and housing meltdown have caused a tidal wave of foreclosures across the nation, and the government has stepped in to offer a rescue plan for homeowners.
Citimortgage loan modification help has been slow in coming, but it is finally here. Obama … (0 comments)

obama: Countrywide Loan Modification 2% Rate with Obama's Federal Plan - 09/26/09 10:10 AM
Countrywide is offering Obama's federal stimulus plan with a mortgage loan modification that features an interest rate as low as 2% and provides affordable payments for struggling borrowers.  Tired of the lack of cooperation from banks, lenders and servicers, Obama has stated that he expects 500,000 completed loan modifications within the next 2 months.  This is a window of opportunity for homeowners who need immediate relief from delinquent payments and help to avoid foreclosure.  Are you one of the approximately 5 million borrowers who may qualify for this assistance?
A mortgage loan modification is a way to change the terms of … (4 comments)

obama: 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 … (3 comments)

obama: Formula for Getting Approved on a Wells Fargo Loan Modification - 09/10/09 05:12 PM
Trying to figure out if you qualify for a Wells Fargo loan modification and then preparing your application can seem overwhelming.  But you don't have to take chances with your loan modification proposal-learn the guidelines for debt ratio and target payment under the government's workout plan. The bank is offering this very aggressive program to homeowners who are either in default or at risk of default-so you may be able to qualify for a very low payment-the trick is to be able to complete your application forms so that the bank can verify that you meet the standard approval guidelines.
This … (0 comments)

obama: Countrywide Loan Modification Approval Formula-Learn how the Bank Decides - 09/10/09 04:59 PM
Tired of sleepless nights and stress filled days worrying about losing your family's home?  There is a way to take much of the anxiety out of applying for a Countrywide loan workout.  Obama's loan modification plan has standard guidelines for approval and a pre-determined formula that the bank will use to qualify you.  If you use these same steps and formula to prepare your application, you will have a very good chance of getting the loan work out you need.
President Obama and the Treasury Department is encouraging all at-risk homeowners to contact their lenders and ask to be considered for … (2 comments)

obama: Obama's Home Affordable Modification-The Standard Formula for Approval - 09/08/09 06:06 PM
 
Confused about your options and worried about losing your home?  If you are you ready to really get serious about saving your home, there is a solution for high, unaffordable mortgage payments offered by the Federal government for qualified homeowners.  Make sure you are one of the eligible borrowers so that you can take advantage of this very aggressive loan workout plan.  This program is paid for with your tax dollars-so don't hesitate to learn how it works, what is required and what the formula for approval is so that you can qualify quickly.This plan is called Home Affordable Modification … (0 comments)

obama: Obama's Government Loan Modification Plan-HAMP Checklist to Apply - 09/03/09 06:13 PM
Here is a very important application tip that will help you get the loan workout you need.  Learn what is required to apply and qualify for Obama's federal loan modification program, called Home Affordable Modification Plan, or HAMP.  The program is paid for by $75 billion in stimulus money, and is designed to help at risk homeowners-both those who are in default and those who are at imminent risk of default.  The goal is to provide the borrower with an affordable and sustainable monthly payment to help them avoid foreclosure.The federal government has mandated standard approval guidelines for everyone-this means that … (0 comments)

obama: Do It Yourself Loan Modification-Obama's Federal Program Makes it Easy to Succeed - 08/31/09 07:09 PM
The Obama federal plan has made it easier than ever for struggling homeowners to work with their bank and save their home.  The President and the Treasury Department is warning homeowners against paying anyone-company or attorney - for a loan workout.  But, how can you improve your chances of success with a do it yourself loan modification? Unfortunately, not all borrowers will qualify for a loan workout, so you need to make sure that you have a good understanding of what your lender is looking for to approve your loan modification application. The key to success is knowledge and preparation-you can … (0 comments)

obama: Loan Modification Help-How Did These Homeowners Get a Loan Workout Fast? - 08/25/09 05:26 PM
If you are struggling with high mortgage payments and facing financial troubles, a loan modification may be the solution.  But what is the best way to apply and qualify for a loan workout?  Wondering if you qualify for a loan modification with your lender?  Read about these homeowners who successfully modified their loan using the #1 resource for homeowners and were able to save tens of thousands of dollars...
The #1 Do It Yourself Resource Guide-A Complete Loan Modification System for Homeowners
This Proven System Provides Homeowners with Everything they need to Successfully Modify their Mortgage themselves-and save thousands of dollars … (1 comments)

obama: Wells Fargo Loan Modification Tips on How to Apply - 08/18/09 08:49 PM
 
Distressed borrowers who need Wells Fargo loan modification help are advised to learn about the lenders guidelines and requirements before submitting their application. Wells Fargo has implemented the Obama stimulus plan, Home Affordable Modification, which promises to give delinquent borrowers options to help avoid foreclosure and stay in their homes. Here is a basic outline of the programs that may benefit borrowers:
1. Making Home Affordable Modification Plan:  the federally subsidized program that has standard guidelines for qualifying outlined by the Treasury Department.  Using this plan, qualified borrowers may see their interest rate reduced to as low as 2%, their … (2 comments)

obama: Wachovia Loan Modification with Obama's Stimulus Rescue Plan - 08/18/09 08:27 PM
 
The Wachovia loan modification program is designed to offer borrowers stuck in unaffordable home loans relief with a lower mortgage payment to help them avoid foreclosure. Wachovia has a large portfolio of the risky Pay Option Arm loans that feature adjustable interest rates and a negative amortization option. The toxic brew of declining home values and increasing loan balances due to the deferred interest of these negative amortization loans has placed many borrowers in a dire situation. Most homeowners are unable to refinance as the loan balance now exceeds the homes value, and finding a buyer is a challenge in … (0 comments)

 
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Susan V. Gregory

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