Part 1: Making Homes More Affordable in the Bay Area- Stimulus Housing Refinance

Part 1: Making Homes More Affordable in the Bay Area- Stimulus Housing Refinance

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What is “Making Home Affordable” all about?

Making Home Affordable is part of President Obama’s comprehensive strategy to get the housing market and Bay Area housing back on track. Through the Making Home Affordable Program, up to 9 million households may be eligible to refinance or modify their loans to a payment that is affordable now and into the future.

“Home Affordable REFINANCE”

Eligible homeowners who are current on their mortgages but have been unable to take advantage of today’s lower interest rates because of their homes have decreased in value, may now have an opportunity to refinance into a 30yr or 15yr, fixed rate loan.

How do I know if I am eligible???

Call or email me from the sidebar today. I work with a Bay Area Mortgage Brokerage that is ready to help today.

Part two of the article will be, how do I know if I am eligible and what if I have a first and second mortgage as so many Bay Area home owners do.

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