AmeriFirst Home Mortgage
Begins Mortgage Refinancing under U.S. Treasury's "Making Home Affordable" Plan
AmeriFirst Home Mortgage is now able to assist homeowners with little to no equity refinance their mortgage into a lower rate mortgage, even if their home has decreased in value. This is now possible under the U.S. Treasury Department's "Making Home Affordable" program. The initiative provides new refinance opportunities to homeowners who previously could not qualify. You may be eligible if your current mortgage is owned by Fannie Mae and you are current on your mortgage payments. If you qualify for the program, benefits may include:
- A lower rate mortgage with lower monthly payments
- Refinance from an adjustable rate or interest-only loan to a more stable fixed rate product
- Allowable financing up to 105% of your current value
- Many transactions will qualify with no mortgage insurance required!
If you think you may qualify and want to take advantage of a lower interest rate, please call us today!
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