Real estate blog entries tagged with loan modification by Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist (AmeriSave Mortgage Corp./ United First Financial)

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Home : Blogs : Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist : Ilyce's Views You Can Use : Tag "loan modification"

loan modification: How To Know If You're Eligible For A Making Home Affordable Refinance - 04/07/09 07:55 PM

April 4, 2009, marked the official start of the Making Home Affordable refinance program.
Expected to help 5 million homeowners, the Making Home Affordable program "looks the other way" with respect to falling home values, approving mortgage applications based on borrower payment history and benefit to the homeowner.
Not every homeowner is eligible for a Making Home Affordable refinance, however. There are 3 basic criteria that must be met.
First, your existing home loan must be backed by either Fannie Mae or Freddie Mac. Thankfully, both companies provide online lookup services. Start with the Fannie Mae site because Fannie has a … (0 comments)

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Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist

Baltimore, MD

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