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Home Budgets and Finances: LOAN MODIFICATION - Helpful Information!

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Forum: Home Budgets and FinancesReplies: 1, Views: 35
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azrobin
Scottsdale, AZ
(Zone 9b)

March 20, 2009
07:32 PM

Post #6296786

Are you considering Loan Modification? Here’s a link to see if you qualify for a Fannie Mae or Freddie Mac Modification and how to prepare for addressing your lender if you do not have a Federally Insured loan. Many lenders (not just HUD) are secured by one of these. This information is a determining factor in whether a borrower is eligible for the President’s Making Home Affordable plan.

You’ll be surprised with these step by step instructions: http://www.makinghomeaffordable.gov/

This site has links and a Q & A section. Again, very informative: http://www.financialstability.gov/

Here's a site that goes directly to Fannie Mae to look up your home: http://loanlookup.fanniemae.com/loanlookup/

Hope it helps some of you!

shune
Burien, WA
(Zone 8a)

March 21, 2009
03:24 AM

Post #6298242

Thank you so much for posting this information. I believe it will be a big help with my situation.

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