How To Take Advantage Of
The Mortgage Stimulus Plan
The Obama administration has recently put in place a mortgage stimulus program that may enable millions of homeowners and new home buyers the chance to refinance their home mortgage and obtain an unheard of 4.5% fixed rate. This mortgage stimulus plan could save you hundreds of dollars a month, and thousands of dollars over the life of your mortgage. So if you have a mortgage, or are considering obtaining one your next step should be contacting our professional loan officer Nick at Nick@nwmortgageexperts.com or calling at 206-303-8526 and start finding out how you can take advantage of this mortgage stimulus plan.
Nick will help you to navigate the many options that are available under the mortgage stimulus plan. For example, you might qualify for one of the numerous grants that have been made available to homeowners, irrespective of their credit rating. These grants are aimed at people who need immediate help with home loan payments and may keep you afloat while you determine what other options you have under the mortgage stimulus plan.
If you are facing a financial hardship due to medical bills, unemployment, debt, or other unforeseen difficulties you may be able to modify your home loan under the mortgage stimulus plan. The mortgage modification programs are intended to guarantee that a homeowner will not have to make a monthly mortgage payment that is larger than 31% of their total monthly income. Nick will help you to determine whether you have a financial hardship that will qualify your for a modification under the mortgage stimulus plan.
Even if you do not qualify as having a financial hardship we may be able to help you find another program under the mortgage stimulus plan that can help you whether this economy. For example, homeowners whose property value has fallen by 15% or more over the course of the recent crisis will now be allowed to refinance the mortgage into a 4.5% fixed rate home loan. This could be a lifesaver for homeowners who were depending on the equity in their homes to keep them financially solvent, and no one will be better able to help you take advantage of this than Nick .
President Obama is aware that the economy is going through some of the worst times anyone has ever seen, and he is taking actions to assist homeowners. His mortgage stimulus plan has earmarked more than $75 billion dollars to enable homeowners to weather this storm. Let Nick help you take advantage of the mortgage stimulus plan, and save your home from the wave of foreclosures that is still rolling across this nation. Those who are smart and do take advantage of the mortgage stimulus plan will not only see the market stabilize, but will soon see their home prices rising again.
Because refinancing your loan under the mortgage stimulus plan can save you thousands, but doing the wrong way might cost you your home, you want to make sure you have a professional you can trust. So take advantage of this once in a lifetime opportunity with a mortgage lender you can trust, Nick.
