As you may have heard, President Obama recently called for
additional mortgage assistance programs to alleviate financial stress caused by the housing crisis and refinancing obstacles that have delayed resolutions for millions of homeowners.
WASHINGTON — The Bush Administration today announced
additional mortgage assistance for subprime borrowers who are at risk of foreclosure.
WASHINGTON — The Bush Administration today unveiled
additional mortgage assistance for homeowners at risk of foreclosure.
Not exact matches
The pilot program, which will be available in eight cities participating in Governor Cuomo's Downtown Revitalization Initiative, offers low - interest rate
mortgages, a down payment
assistance loan with no
additional fees, and a homebuyer education course.
For
additional assistance in determining which
mortgage loan program provides the ideal solution for your goals, consider consulting a reputable real estate agent or
mortgage broker with experience in working with a variety of clients.
If you feel the need for
additional preparation before reaching out to your lender, you can contact the Fannie Mae
Mortgage Help Network for
assistance.
Through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest Hit Housing Markets, the U.S. Department of the Treasury will make $ 2 billion of
additional assistance available for FHA programs for homeowners unable to qualify for
mortgage refinancing as well as struggling to make their home loan payments due to unemployment.
We believe there is a potential risk of
additional home price declines in 2010, if the government stimulus
assistance is withdrawn and
mortgage rates increase substantially.
First - time home buyers (those who have not owned a home as their principal residence in the past three years) and military veterans may be eligible for
additional assistance through either the NC 1st Home Advantage Down Payment or the NC Home Advantage Tax Credit (
Mortgage Credit Certificate).