President Obama knows that homeowners are struggling. That is why his administration has enacted the $75 billion “Making Home Affordable” stimulus plan. This plan will allow homeowners the chance to easily refinance a mortgage to lower the monthly payment, save money, and secure your homes future. Even homeowners with bad credit or little to no equity in their home can get approved for mortgage refinancing with Obamas stimulus. Here are some things to know.
This stimulus plan is powered by over $75 billion in Government money. This money is making it easier for struggling homeowners to get a mortgage refinancing. Also, the money helps to keep mortgage interest rates near record lows. With this money, new mortgage refinancing options exist for almost all homeowners. Even people who have been denied before, have lost a job, have bad credit, or owe more than their home is worth, can get help through [...]
Posts Tagged ‘mortgage insurance’
New Mortgage Refinancing Options from Obamas Housing Stimulus Plan
July 18th, 2010 
Posted in Car loan rates 
Tags: ability, administration, advantage, Affordable, bad credit, banks, cash, cash incentives, chance, closing, closing costs, cost, credit, equity, Government, government money, home, homeowner, Homeowners, housing, income, insurance, interest, job, lot, market, money, mortgage, mortgage insurance, mortgage interest rates, mortgage lenders, mortgage payments, mortgage refinancing, New, new mortgage, Obama, Obamas, payment, plan, plan money, reality, record, record lows, Refinancing, refinancing a mortgage, Stimulus, stimulus plan, thing, thousands of dollars, today, value 
Comments Off