government program: Government Launches Expanded Home Loan Program For Borrowers To Refinance, With Negative Equity
- 10/31/11 08:43 PM
As mortgage interest rates have continued to decrease in recent years, many homeowners no equity in their homes, but with good credit scores and income levels have not been able to take advantage of lower rates. This is due to the fact that no one would provide a new home loan for someone who owes more than their home is worth. However, this will soon change for some homeowners who meet the guidelines of the latest government refinance program.
The Federal Government recently announced an expanded initiative to their existing HARP refinance program, to allow certain homeowners … (0 comments)
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