Tuesday, August 3, 2010

Help for Home Owners Struggling with Their Mortgages

There are programs available for homeowners that are struggling to make their mortgage payments...
These programs offer refinancing and loan modification options. To see if you qualify visit the link I have provided or call the number below.

"The Making Home Affordable Program was launched in February 2009 to help homeowners who are at risk of foreclosure through no fault of their own make their monthly mortgage payments more affordable. Since then, more than 1.5 million homeowners have been offered help under the program, and almost 1.3 million homeowners have started a trial plan. Homeowners in permanent modifications under the program have a median monthly savings of over $500 each month or about one-third of their previous payment.

Any homeowner who is struggling with their mortgage is encouraged to visit MakingHomeAffordable.gov or call 1-888-995-HOPE (4673) to learn about options they may have and to speak with a HUD-approved housing counselor for free."
Source: Making Homes Affordable.gov

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