Loan modifications have become the topic of discussion among home owners. President Obama introduced the federal plan in February 2009. Fannie Mae and Freddie Mac have similar plans.
Home owners who, whether paying their mortgage on-time, or those who have fallen behind on their mortgage payments, may qualify for a reduction in interest rate and monthly payment. 80% of mortgages in the United States are estimated to qualify for a loan modification. Many home owners find themselves saving hundreds of dollars each month. The government programs can reduce an interest rate to as low as 2%, and in some cases give a 0% rate to a portion of the mortgage
If you are interested in a free analysis, please complete the loan modification form. A modification expert will contact you with potential savings and options.
Bankers First Mortgage - HC1 Box 2400 - Tannersville, PA 18372
Office Phone: (610) 681-3646
Licensed By:
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- Virginia Bureau of Financial Institutions
- Delaware Banking Commission
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