Obama Announces 2% Federal Loan Modification Mortgage Rates

For homeowners seeking immediate relief from the new Obama Help For Homeowners and Make Home Affordable act, there is an opportunity for homeowners to receive a loan modification and receive 2% mortgage rates, enabling homeowners to drop their monthly payments by up to $1,000 and save their homes from foreclosure.

The housing crisis is an epidemic, and homeowners need immediate relief otherwise they will lose their home. To receive immediate assistance, please call us at 352 514 5927.

For homeowners inquiring about Obama’s loan modification programs, and the eligibility requirements, please read below.

2% Mortgage Rate Requirements

The banks will be offered incentives to encourage them to modify homeowners mortgages.

The banks will lower mortgage payments to be equal to 38% of a borrower’s income, and then the Treasury department will match the interest rate deductions down to 31% of a household income.

This, combined with 2% mortgage rates should allow homeowners to avoid foreclosure, and save their homes.

Get Help Now

It’s urgent that you seek help on your impending foreclosure as quickly as possible, please call us at 352 514 5927 for free counseling to help save you and your family from mortgage foreclosure.