Wednesday, September 22, 2010

Making Your Home Loan Affordable

You or someone you know may be facing challenges keeping up with your mortgage payments OR you may just want to reduce your interest rate to take advantage of the fixed lower interest rates. If you are feeling overwhelmed and wondering where to get help, now there is really help!

In February 2009, the Obama Administration introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis to get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure.

Get the information you need NOW to MAKE YOUR HOME LOAN AFFORDABLE. The Making Your Home Affordable website gives information on the five programs now available. These 3 links were taken from the site:

1. Explanation of the 5 Programs available (inlcuding program to reduce 2nd mortgage payments) - http://makinghomeaffordable.gov/eligibility.html

2. Documentation Forms needed: http://makinghomeaffordable.gov/requestmod.shtml

3. Lenders who service these programs - http://makinghomeaffordable.gov/contact_servicer.html

All these links are on the same site. www.MakingHomesAffordable.gov. They are all govenment sponsored programs that give incentives to the banks to work with homeowners to KEEP their homes. You can appy ONLINE

SHARE THIS INFORMATION WITH OTHERS!!!

Also feel free to call me if you have any questions, choose to sell your home, or want information about the short sale process.

Clara Lyons, Realtor/Realtist
NJ State President NAREB, National Assn of Real Estate Brokers (NAREB)

I turn real estate dreams into reality! - One Home At A Time!
856-264-1058
ClaraSellsHomes@gmail.com

Know anyone thinking of buying or selling? I love referrals!!