Have questions about the new Obama refinance program?
According to MakingHomeAffordable.gov…
The Making Home Affordable Program (MHA) is a critical part of the Obama Administration’s broad strategy to help homeowners avoid foreclosure, stabilize the country’s housing market and improve the nation’s economy.
If you have recently fallen on difficult times due to personal or family circumstances MHA may be able to help you. Here are a few of the options available…
- Depending on your situation, you may be able to lower your monthly mortgage payments.
- If homeownership is no longer affordable, there is a program that can provide a way out, avoiding foreclosure.
- There are also options for unemployed homeowners and homeowners who owe more than their homes are worth.
There are a variety of MHA programs that may help homeowners having difficulty making mortgage payments. Find out which MHA programs best address your situation by reading more here.