Wednesday, September 29, 2010
Home Affordable Modification Program For Struggling Homeowners
Homeowners facing financial difficulty can employ the administration's House Affordable Modification Program, or HAMP, to modify their contemporary mortgages into more affordable terms. With HAMP loans, homeowners can lower their total housing costs - including mortgage principal and interest, house insurance, absolute estate taxes, and homeowner association fees -- down to 31 percent of their yucky monthly income. More information: click here to view more of this
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