Showing posts with label Making Homes Afforable. Show all posts
Showing posts with label Making Homes Afforable. Show all posts

Thursday, April 9, 2009

Are You Eligible For Obama's Refinance Plan?

President Obama released new guidelines on March 4, 2009 for his "Making Home Affordable" initiative, that will help up to 9 million homeowners stay in their home through refinancing a mortgage or modifying a loan.

To be able to qualify one must:
  • Owe between 80-105% of a mortgage.
  • Have a loan backed up by Fannie Mae or Freddie Mac
  • Have a conforming loan
If you would like more information please visit makinghomeaffordable.gov or MySecretAgent.com.