TipsforLoanModification.info - Obama's stimulus package solution for homeowners is called The Home Affordable Modification or "HAM." The HAM provides financial incentives to homeowners and banks for completed loan modifications. If you qualify, you may be able to modify your existing loan to a lower monthly payment (less than 31% of monthly income) through, lower interest rate, possible longer loan term and maybe even forgiveness of a portion of the principle. We will discuss the qualification guidelines, and which lenders are approved to offer this stimulus money.readmore..
Click here to learn how to get qualified for a federal loan modification.
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