The US Governments ‘Making Home Affordable‘ program assists with loan modification and loan refinancing options to keep you in your home. Go to http://www.makinghomeaffordable.gov/ for more information on this great program. However, if you have tried the Making Home Affordable Program without success and you are in a situation where you are unable to make [...]
Entries Tagged as 'foreclosure'
Short sale option vs a foreclosure
August 26th, 2009 · No Comments · Uncategorized
Tags: advice·foreclosure·loan modification·loan to value ratio·making home affordable·Missouri·real estate·refinancing·Saint Louis·selling a home·short sale
New Refinance Loan Program in Missouri
May 14th, 2009 · Comments Off · Uncategorized
In an effort to reduce home foreclosures, the Housing and Economic Recovery Act of 2008 (HERA) temporarily made refinancing an allowed use of tax-exempt bond authority through December 31, 2010. Per the law, the new mortgage loan must refinance an existing mortgage on a single family residence that was originally financed through a qualified subprime [...]