Making Home Affordable Plan

Government Loan Modification Plan • You are current on your mortgage payment. • Government Plan is fixed for 5 years,Then adjusts higher • What you owe is equal to or less than the fair market value. • Your loan must be owned/controlled by FNMA or Freddie Mac • Property must be owner occupied. • Unpaid loan balance must be equal to or less than $729,750 • Mortgage payment must not exceed 31% of your income

Non Regulated Loan Modifications • Does't matter how late your are on your mortgage payment. • Plan is fixed rate for the life of the loan (Rates are low) • Doesn't matter how Upside-down you are with your loan • Loan on your home is owned or controlled by ANY lender • Property can be Commercial, Investor, Rental, etc • Unpaid loan balance less or GREATER less than $729,750 • After monthly expenses are paid at least $1.00 Income