Loan Modification Benefits May Be Permanent In Reducing Mortgage Payments
January 12, 2011 Florida – In addition to possibly preventing foreclosure, new loan modification programs may actually provide a permanent reduction in a borrower’s mortgage payment. As the number of homeowners behind on their loan payments increase, the government continues to add additional assistance programs in an effort to stabilize the weak real estate market.
Some of the new additions include HARP, HAMP, Hope Now and HAFA. These new programs are designed to help homeowners who are currently behind with their mortgage payments and facing the possibility of foreclosure. A national website, www.usmortgagerelief.org has been established to assist borrowers in determining which program they might be eligible for. US Mortgage Relief has helped 1000s by providing valuable information and pointing homeowners in the right direction in order to provide help quickly.
Since many homeowners might already be struggling with poor credit or lack of home equity, they may be surprised to learn that these issues may not necessarily disqualify them getting a modification. Qualification is simple and free. Upon completion of the program, borrower’s can expect their mortgage to become current once again along with a significant reduction in the monthly payment amount. It’s like getting a fresh start once again.
For more information about these assistance programs, please visit www.usmortgagerelief.org or contact them directly at 888-563-6060
- Contact Information
- Peter Parente
- Director Of Marketing
- US Mortgage Relief
- Contact via E-mail
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