Mike's Financial Blog

Have you heard, the government is helping people stay out of foreclosure and get out of bad loans? Part of the stimulus bill included The Home Affordable Refinance. For people current on their loan who may be a little upside down there is hope! I say “might” because the window is fairly narrow and the refinance program is a new loan obtained through regular mortgage channels, i.e., Me! It depends on if Fannie or Freddie owns your loan. I can figure that out for you. You may even qualify without an appraisal or without documenting income! However if your payments have not been on time then you may need to look into a loan modification. If you think you are upside down but have been ontime on your payments contact me to see if the Home Affordable Refi will work for you!

Contact me with Questions| Refi Quote