Avoiding Preventable Foreclosure – Making Homes Affordable Program
February 18, 2010 by Victoria Stankard · Leave a Comment
There is government help available for homeowners in financial distress who are having trouble making their monthly mortgage payments.
Borrowers that are current on their mortgage (not more than 30-days late on their mortgage payment in the last 12 months), but are having difficulty making their monthly payments on time, or have fallen behind one or more payments may qualify for a Home Affordable Modification or Home Affordable Refinance.
The Making Homes Affordable program is part of the Obama administration’s Financial Stability Plan. The goal of Making Homes Affordable is to stabilize our housing market and avoid foreclosures by helping Americans reduce their monthly mortgage payments to more affordable levels.
Homeowners struggling to make their monthly mortgage payments due to increased interest rates or reduction in their income may qualify for a Home Affordable Modification, which can provide them with more affordable monthly payments. Homeowners can find out if they are eligible for a Home Affordable Modification by participating in an eligibility questionnaire at http://makinghomeaffordable.gov/modification_eligibility.html
The Home Affordable Refinance program gives up to 4 to 5 million homeowners with loans guaranteed or owned by Fannie Mae or Freddie Mac the opportunity to refinance into more affordable terms. Under the program, homeowners who are current on their mortgage payments, but unable to refinance to a lower interest rate because of reduced income or decreased value of their home are able to refinance. Homeowners can find out if they are eligible for a refinance under the Home Affordable Refinance program by participating in an eligibility questionnaire at http://makinghomeaffordable.gov/eligibility.html
Charlotte NC Avoid Foreclosure & Short Sale Expert
Leigh Brown is a Certified Distressed Property Expert® (CDPE) and the leading short sale/avoid foreclosure expert in the Charlotte -metro area.
If you or someone you care about is facing possible foreclosure on their home or investment property, you owe it to yourself to enlist the expertise of Certified Distressed Property Expert® Leigh Brown.
When Bank of America bought out Countrywide Financial, it became one of the leading mortgage servicers in the nation. Leigh has access to B of A’s propriety system, which allows her to expedite the short sale process.
With Leigh Brown on your team, you have most qualified avoid foreclosure and short sale help available! You can reach Leigh by filling out her online contact form , or give her a call at (704) 688-5005, or toll free at (866) 440-7136.
If you’re looking to avoid Foreclosure, Leigh Brown can help!
Victoria Stankard is a nationally syndicated writer and co-owner of Get Found Now, an online marketing and search engine optimization company. Victoria currently lives in Tampa, Florida with her husband, Michael Stankard and their two children. Victoria writes and manages search engine optimized content for industry leaders, who desire a strong Internet presence and want to dominate their market! You can contact Victoria via email at: victoria@getfoundnow.com
Leigh Brown, aka The Real Estate Diva, is a native of Concord NC in the Charlotte area. She grew up on a farm at the edge of Cabarrus County, still goes to the same church she grew up in (home of the world famous Mallard Creek Barbecue!), but has become a leader in area real estate through constant learning and continually upgrading technology to better serve buyer and seller clients. Leigh does indeed have a reputation as a barracuda-when it comes to protecting client interests. Her softer side is reserved for her husband and two kids who provide a constant source of joy-and entertainment
