The "Making Home Affordable" Plan

As a resident homeowner with a mortgage, you might be eligible for:

1) $1500 cash
2) A $5000 reduction in the amount that you owe.
3) The chance to refinance with your current lender to current market rates -- OR
4) A temporary government-sponsored lower monthly payment for 5 years.

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Using money from the "TARP" legislation passed last year to bail out the banks, President Obama has enacted a plan to help "at-risk" homeowners by giving incentives that will enable you to refinance directly with your current lender at today's low interest rates and help keep you in your home. The U.S. Treasury department originally called this the "Homeowner Stabilization", or "Homeowner Stability" Plan.

Working with our friends at a leading legal research firm, briefwise.com, we have produced an in-depth analysis of the Plan, which is available here at no cost as a public service.

 

Fill out this form for more specifics about what you are eligible for, and detailed information on how to get it. The form is anonymous and free! The data collected is not stored and is only used to help give you the information most applicable to your specific situation. We don't use cookies or any other type of tracking software.

 
What is your mortgage balance ?
   
 
Have you missed any payments within the last year ?
  yes no  
 
What is your montly mortgage payment ?
   
 
What is your gross (before taxes) monthly household income ?
   
 
What is the total of your credit card and car payments ?
   
 
Was the primary mortgage entered into before Janurary 1, 2009 ?
  yes no  

(the values selected do not have to be exact, they can differ slightly from yours.)