UNCLE SAM’S NEW REFI PROGRAM
- Homeowners can refinance up to 105 percent of their home’s value.
- No cash out refinances to pay a second loan or other debts.
- Some second-home and investment properties may be eligible.
The Fed’s have structured Affordable Refinance program that is designed to help homeowners refinance their mortgages even if they owe slightly more than the current value of their homes. The program could help people who are upside down on their mortgage, and/ or have an adjustable rate mortgage that is spinning out of control.
Like all Federal government programs it is a rules and regulation paper chase, just the kind of program bureaucrats love; You will first need to adhere to all of Fannie Mae and Freddie Mac’s requirements; and then those of the lender’s, loan service departments, and mortgage insurers who have their own set of rules as well.
Borrowers may well wonder where to begin. But don’t lose heart, we can help. We are DISCOUNT MORTGAGE SERVICES, please contact for a no obligation consultation and loan review. There are many things You can do right now to secure Your life time financial wealth. We are MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGES SERVICES. We are the one stop shop for all your EVERGREEN COLORADO REAL ESTATE and EVERGREEN COLORADO HOME LOAN needs. Contact us at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com. Don’t forget to register for your free mortgage loan origination rewards.
Keep in touch and we will give you all the details as they become available.
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