Thursday, April 02, 2009
Helping Struggling Homeowners with Mortgages
In this current economic environmnet--and through no fault of their own--many homeowners are struggling to make their monthly mortgage payments. Perhaps because their interest rate has increased or they have less income.
If you can no longer afford to make your monthly loan payments, you may qualify for a loan modification to make your monthly mortgage payment more affordable.
Millions of borrowers who are current, but having difficulty making their payments and borrowers who have already missed one or more payments may be eligible.
See if you're eligible using this new website from the U.S. Federal Government called makinghomeaffordable.gov.
As always, your credit union is here to help.