Great News - Do You Qualify for a Principal Reduction?
Government is in a giving mood! Find out if you can reduce your mortgage. Over 408,000 people nationwide are 90 days or more delinquent. Stop foreclosure and start living again.
Here are the conditions:
- GSE Loan: Fannie Mae, Freddie Mac, Ginnie Mae owned loan
- Serious Deliquency (90 days or more)
- Underwater 9% or more, technically you need to have a loan 15% or more underwater
- Owner Occupied
- Loan amount less than $250,000
Why would the government do this? They estimate only 33,000 people actually qualify under the above criteria.