REFINANCING YOUR HOME AS A DISTRESSED HOMEOWNER MAY BE AN OPTION FOR YOU!
Check out Homes Affordable Refinance
(Component of Making Homes Affordable Initiative)
To be eligible:
- Home must be Owner-Occupied
- Home is 1 -4 Units
- Existing Mortgage must be backed by Fannie Mae or Freddie Mac.
- Loan to Value is above 80% but not MORE than 125%.
- Homeowner must have enough income to support new mortgage payments.
