| New mortgage refinancing options now exist for | | | | mortgage lenders and banks. The Obama |
| millions of homeowners thanks to President Obamas | | | | administration has authorized a select few banks and |
| stimulus plan. The $75 billion "Making Home Affordable" | | | | lenders to help homeowners and offer them new |
| stimulus program is designed so that nearly any | | | | mortgage refinancing options from the stimulus plan. |
| homeowner can use it to get a mortgage refinancing | | | | These lenders and banks will get a cash incentive |
| that will save them money, save their home from | | | | every time they help a homeowner and follow the |
| being lost, or both. Here is what homeowners need to | | | | rules of Obamas stimulus plan. That means that |
| do in order to take advantage of this stimulus plan for | | | | lenders and banks actually want to help homeowners |
| themselves. | | | | and they take on less risk for following Obamas |
| The economy and housing market are in bad shape | | | | stimulus plan. Some lenders and banks have even |
| and millions of homeowners are facing a real risk of | | | | eased some of their mortgage refinancing restrictions |
| losing their home to foreclosure or default. The more | | | | to make it easy to approve more struggling |
| homes that are lost the worse the overall economy | | | | homeowners. Now, even homeowners with bad credit, |
| will get. In order to assist homeowners and help | | | | upside down mortgages, bad debts, or other financial |
| provide stability to the housing market, the Obama | | | | problems can easily get help with a mortgage |
| administration enacted their $75 billion housing stimulus | | | | refinancing. |
| plan. This stimulus plan provides new mortgage | | | | Never before has this much help been available, and |
| refinancing options to nearly every homeowner that | | | | this easy to get. Do not wait any longer and take |
| will enable them to save money, save their home from | | | | action now before your situation gets worse, more |
| foreclosure or default, or both. This plan has been | | | | expensive, or both. Do not lose your home to |
| intentionally designed to be easy to qualify for so that | | | | foreclosure or default and get a mortgage refinancing |
| millions of struggling homeowners can easily get help. | | | | today. Use Obamas stimulus plan to your advantage |
| Help is available because of the participation of select | | | | and get into a better home loan that you can afford. |