We participate in loan programs that help distressed homeowners that may be behind on mortgage payments and are worried about foreclosure.
This Program is for families struggling to keep up with their mortgage payments. This program will be another resource to refinance into a loan that you can afford.
Borrower Eligibility
Borrowers are encouraged to contact us to determine eligibility. You may be eligible if the following are true:
The home is their primary residence, and they have no ownership interest in any other residential property, such as second homes.
Their existing mortgage was originated on or before January 1, 2008, and they have made at least six payments.
They are not able to pay their existing mortgage without help.
As of March 2008, their total monthly mortgage payments due were more than 31 percent of your gross monthly income.
Borrower can certify that they have not been convicted of fraud in the past 10 years, intentionally defaulted on debts, and did not knowingly or willingly provide material false information to obtain their existing mortgage(s).
