Mortgage Stimulus and Mortgage Loan Modification
by Deb from Muskegon, MI USA
Regarding Mortgage Stimulus and Mortgage Loan Modification: I have looked all over the internet to find out how this new mortgage stimulus will help me. I am a 49 year old, unemployed woman and need assistance desperately.
I am on my last month of initial unemployment and I assume that I will qualify for the 33 week extension. In the mean time, my mortgage payment takes half of my monthly unemployment income. The rest of my money goes to the other bills I owe, such as utilities, gas, groceries, etc.
I find myself sitting at home A LOT now and am getting very nervous on how I will benefit on the economic stimulus plan.
Can you give me some information? Thanks, Deb
Kate Answers: Mortgage Stimulus and Mortgage Loan Modification
Hi Deb, Here is a Q and A page explaining how the mortgage stimulus plan is designed to help eligible homeowners refinance. You can follow this link MakingHomeAffordable.gov
to a government site.
Have you also considered a mortgage modification? You can read about mortgage loan modification
on my site to learn about handling it yourself.
I wish you the very best and please feel free to write back again in the future.
So remember to bookmark Get-Your-Best-Mortgage-Rate
to your favorites and visit often for up to date tips for buying a house, mortgage news and refinancing advice.
More Help to Save Your Home
Special Edition Making Home Affordable - 13 options for homeowners struggling with unaffordable house payments.
Loan Modification Ask and Answer - Answers to loan modification, Home Affordable Programs, HARP, and HAMP questions.
Can I do a Mortgage Loan Modification myself? The answer is yes, but...
Don't give up. With a little knowledge, you can Stop Mortgage Foreclosure.
Foreclosure Help - Act now if you think you are going to be late on a mortgage payment.
Help for locating your lender to Stop Foreclosure Now.
By understanding your Adjustable Rate Mortgage, you can anticipate and plan.
When promises to Sell Your House seem too good to be true, remember this.
A limited offer, Mortgage Debt Relief provided help for homeowners subject to additional income taxes.
How to explain to your lender that you are trying to Prevent Foreclosure.
The first step to stopping Foreclosure is understanding its impact on your life.
Stop Foreclosure. Learn from Donald Trump about negotiating a better deal.
Subprime Mortgage Loans fulfilled an important role in America.
Every homeowner with a Subprime Mortgage needs a long term plan.
Subprime Mortgages - Learn how to transition to traditional mortgage financing.
Return home from Mortgage Stimulus and Mortgage Loan Modification