Posts Tagged ‘refinancing’

Are You Eligible for the New Refinance / Loan Modification Program?

Monday, March 30th, 2009

sam1Kinda Cool!  The administration has launched a website that allows homeowners to determine if they are eligible for mortgage payment reductions through the refinancing or loan modification program.  I haven’t tried the site out yet myself but at a glance it looks pretty simple. So far what I’m hearing from clients trying to stay in their home is that it takes some time once you apply to know for certain… 2-3 months is what I’ve heard… I’m curious to know what results you are getting out there.   -Kristie McD.          Everything.Portland.Real Estate.  

Anyhow, take a look and see if you’re eligible:  http://makinghomeaffordable.gov/

 

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Interests Rates Below 5%, Could Take Longer to Close on Your Home.

Monday, January 19th, 2009

We’ve been finding that the typical 30 days (or less) to close is more difficult these days as the lenders are busy (more…)