Mortgage Stimulus Package question

Mortgage Stimulus Package
If your home is worth much less than your mortgage, do you have any thought what kind of break the stimulus package would supply to a residence owner on a $ 270K mortgage?

Answer by Carol
If you could qualify for a loan modification under Obama’s Residence Inexpensive Plan, the rate can be as low as 2.00% for a period of time.

It is not the same for everyone. You would require to apply with your lender and see what they say.

Very good luck.

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