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Homeowner Affordability and Stability Plan
As part of a comprehensive economic and housing market strategy, President Obama announced a plan to help homeowners restructure or refinance their mortgages to avoid foreclosure. According to the U.S. Treasury, key components of the Homeowners Affordability and Stability Plan are as follows:
1) Assisting 4 to 5 million responsible homeowners in lowering their payments and securing their homes
2) A $75 Billion Homeowner Stability Initiative in hopes to reach 3 to 4 million At-Risk Homeowners
3) Supporting low mortgage interest rates and payments while Strengthening and Building Consumer Confidence in Fannie Mae and Freddie Mac
Preparing for the Pre-approval
In preparation for this program, you will need to provide the following information:
Most recent income tax return
Monthly gross household income (recent pay stubs)
Information about any second mortgage on their home
Additional monthly payment amounts on credit cards or other loans if they are carrying a balance
No Advanced Fees
INman Mortgage Group does NOT CHARGE ADVANCED FEES FOR services.
Where can you find more information on the Home Affordability and Stability Plan
For the critical information needed to make informative pro-active decisions, please visit The Treasury’s website or call us today, as we look forward to providing you the necessary information, tools and resources to make informed, long term decisions! At Inman Mortgage Group, we’re committed to making a huge difference in our communities, one family at a time!
First Come, First Serve
Contact us now for a FREE, No-obligation Consultation and receive the personal and professional service you deserve and really need! At Inman Mortgage Group, your best interest is our first priority! All funds allocated for the program are solely based at the agencies discretion and is based on a first come first serve basis.
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