As you’ve heard in recent news, our government released a multi-step plan to help American homeowners. We’re extremely excited to be a part of the plan that could help up to 9 million responsible homeowners in America get into the right mortgage. Depending on your situation, you will fall into one of three scenarios:
You owe less on your mortgage than your home is worth.
This means that you can qualify for today’s already low mortgage rates! We can help you. The message of the plan is clear – the government wants American homeowners who currently qualify for a refinance to take advantage of historically-low low mortgage rates. Waiting any longer could cost you money. Apply today and we’ll work with you to determine your home’s value, your equity and what kind of new loan you need.
You owe more on your mortgage than your home is worth.
If you owe more than your home is worth and previously couldn’t qualify for a refinance, you may qualify for the government’s new Making Home Affordable plan. We can help you. With a new, streamlined refinance program from Fannie Mae, we are able to refinance your mortgage to a low, fixed rate. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. If you’re on time with your mortgage payments, but couldn’t refinance due to lack of equity, the streamlined refinance program is for you. Click here to find out if you qualify.
You are struggling to make your mortgage payments and face imminent foreclosure on your home
Under the new plan, the government is working to provide loan modifications to people who can prove and document financial hardship through job loss, change in income, significant debt or an adjusting interest rate. This is an option for which only a small percentage of homeowners will qualify. If you believe you qualify for a loan modification under the government’s new plan, call your loan servicer (the company you make your payments to) right away.
