Homeowners who are having trouble making their monthly mortgage payments may be able to get some relief by modifying the terms of their loans.
But borrowers may have a difficult time determining if they qualify for a loan modification in large part because loan modification guidelines are not always widely available and busy lenders often have little time to explain them to customers.
The new Making Home Affordable program was released by the US Treasury to help up to seven to nine million US homeowners stay in their homes. This free service can help you find out if you may be eligible for mortgage relief under the MHA Program and if you can receive free credit counseling.
1 comment:
Making Home Affordable isn't that new anymore, but unfortunately not that many people are aware of it just yet. It's one of the many options people can do in order to save their homes from the doom of foreclosure.
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