Home > Making Home Affordable Program
What is "Making Home Affordable" all about?
You may be eligible for a lower monthly payment!
MAKING HOME AFFORDABLE REFINANCE PROGRAM Making Home Affordable is part of President Obama's comprehensive strategy to get the housing market back on track. Through the Making Home Affordable Program, up to 9 million American families may be eligible to refinance or modify their loans to a payment that is affordable now and into the future.
To find out more about the "Making Home Affordable" program... call 1 (800) 984-3523 and ask for Jeff Drew, Licensed Mortgage Consultant, for more information about the "Making Home Affordable Program". Or email Jeff Drew at mailto:jeff@starmortgage.com
How do I know if I am eligible?
You may be eligible if:
· You are the owner occupant of a one to four unit home
· The loan on your property is owned or securitized by Fannie Mae or Freddie Mac. Don't know? Call us 1 (800) 984-3523 and we'll find out for you.
· At the time you apply, you are current on your mortgage payments (current means that you haven’t been more than 30-days late on your mortgage payment in the last 12 months or, if you have had the loan for less than 12 months, you have never missed a payment)
· You believe that the amount you owe on your first mortgage is about the same or slightly less than the current value of your house
· You have income sufficient to support the new mortgage payments
· The refinance improves the long term affordability or stability of your loan.
CLICK HERE for More Details about this Government Supported Program
· I'm current on my mortgage. Will the Home Affordable Refinance help me? Click Here for the answer
· How do I know if the refinance will improve the long term affordability or stability of my loan? Click Here for the answer
· How do I know if my loan is owned or has been securitized by Fannie Mae or Freddie Mac? Click Here for the answer
· I owe more than my property is worth. Do I still qualify to refinance under the Making Home Affordable Program? Click Here for the answer
· I have both a first and a second mortgage. Do I still qualify to refinance under Making Home Affordable? Click Here for the answer
· What are the interest rate and other terms of this refinance offer? Click Here for the answer
· Will refinancing reduce the amount that I owe on my loan? Click Here for the answer
· I am delinquent on my mortgage. Will I qualify for a Home Affordable Refinance? Click Here for the answer
· How long will the Home Affordable Refinance be available? Click Here for the answer
Click Here to open the "Making Home Affordable" document
This is a Public Service Announcement. Distribution of this specific information has been with the assistance of Star Financial Services, Inc. More Information about this program may be obtained by calling 1 (800) 984-3523
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