Just wanted to update homeowners out there who are looking for information on the Obama mortgage plan.  In our previous posts, we talked about what the Obama mortgage plan can get you (lower interest rate down to 2%, extended terms and balance reductions).  We forgot to mention one crucial thing to many homeowners facing foreclosure…

Once we start the Obama mortgage plan with your lender, you mortgage is frozen for 90 days.  This means your lender cannot sell your home or evict for atleast 90 days, or until we come to a resolution (your modification is approved).

This will ease the stress of many homeowners who are facing foreclosure and allow them to by some more time to work out a solution.

If you want to speak to us about the Obama mortgage plan, feel free to give us a call or fill out our quick and easy contact form.  We are experts at getting homeowners qualified for this plan and we also have other exciting plans with many different lenders. 

Visit our homepage for more information —>Obama mortgage information home.