Qualifying For The New Streamline Mortgage ModificationSep 23 2013
By: Nicole Gates
Back in July 2013, the Federal Housing Finance Agency (FHFA) announced a new Streamline Modification initiative. The initiative allows homeowners who are behind on their mortgage payments at least 90 days, the opportunity to lower their monthly mortgage payments, in order to help them back on their feet.
In this week’s Mortgage Monday article, we talk about the eligibility requirements to qualify for the new streamline mortgage modification as well as dive into the program details so you can decide if the program would be the right choice for you. And of course, if you have any questions, one of our home financing experts is always available to chat – whether online, over the phone or face-to-face.
See the full article on the new streamline mortgage modification here.