Thursday, March 19, 2009

Need Help with Your Fannie Mae or Freddie Mac Mortgage? Making Home Affordable is Here!


A new government help program just launched yesterday with to assist homeowners in restructuring their loans. The US Treasury Department’s easy-to-navigate website and telephone hotlines were activated on March 19, 2009, for the Making Home Affordable program. This program was created to assist the over 9 million homeowners with a Fannie Mae or Freddie Mac mortgage refinance or modify their mortgage. The website is makinghomeaffordable.gov and the toll-free hotline numbers is 1-888-995-4673.

The site offers in formation on how to refinance to a new loan as well as steps to modify a current Fannie Mae or Freddie Mac loan. Easy step by step instructions are available so that you can quickly determine if you are eligible for the program. Not certain if your home loan is held by either Fannie or Freddie? There are weblinks and phone numbers to help you determine if your mortgage is held by either organization.



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