The Federal Government under the leadership of President Barack Obama has drafted an all-new housing scheme in the year 2009. His strategy to save your home is loan modification. As the President explained the scheme, he says - Bankruptcies and foreclosure are just not the solution. The key to retain your home is 'affordability.' The earlier loan modification schemes failed as the monthly payments were never made affordable. In our scheme we have tried our best to make the payments affordable for the individuals in the long run as well.
This plan has also come along with several grants to help the common lead a normal life unaffected by the shortage of cash flow. Grants are available for all basic needs for leading a good life like food & clothing, purchasing a new house or car, education of your college going kids, grants per young kids, etc.
Here are the pointers that would help you check if your home can be saved with the grants and loan modification schemes of the Obama Government:
· In case your loan mortgage amount is more than 105% of the current market value of the house, you are eligible for the loan modification.
· Loan modification plan is open for the loans that are owned and insured by Fannie Mae and Freddie Mac.
· The ones who are planning to buy a home for the first time would be eligible for the special grants.
· Grants are also available for house renovation.
· You can get professional help from the counselors to get a loan modification or a new loan from the counselors appointed by the US Housing & Development Department (HUD). These counselors act as your representative in front of the bank and present you case in a more professional manner. The best part is that they do not charge you anything unlike the private companies.
This plan has also come along with several grants to help the common lead a normal life unaffected by the shortage of cash flow. Grants are available for all basic needs for leading a good life like food & clothing, purchasing a new house or car, education of your college going kids, grants per young kids, etc.
Here are the pointers that would help you check if your home can be saved with the grants and loan modification schemes of the Obama Government:
· In case your loan mortgage amount is more than 105% of the current market value of the house, you are eligible for the loan modification.
· Loan modification plan is open for the loans that are owned and insured by Fannie Mae and Freddie Mac.
· The ones who are planning to buy a home for the first time would be eligible for the special grants.
· Grants are also available for house renovation.
· You can get professional help from the counselors to get a loan modification or a new loan from the counselors appointed by the US Housing & Development Department (HUD). These counselors act as your representative in front of the bank and present you case in a more professional manner. The best part is that they do not charge you anything unlike the private companies.
2 comments:
Debt managment and Ways to pay off debt here,
or Pay off debt here,as for
Credit card debt help find out here.
Help with Debt find out here.
Great Blog For Grants Free government grants here,
or more Free grant kit here,For
College Grants click on link,as for
usa government grants stop here.
Post a Comment