Making Home Affordable…The Obama Solution.
Well today is the day many have been waiting for. The day we get to here the guidelines to how President Obama is going to save the country’s housing crisis. As some are aware, I have been a source of information due to the TV broadcast I was on last October on our Detroit ABC News affiliate, Channel 7. On that broadcast we talked about how the governments new FHA loan, ”Hope for Homeowners” was supposed to save the day and help millions from losing their home by allowing them to refinance down to 90% of the current appraised value…..it sounded good….it did not help anyone that I’m aware of, in the entire Country….One of the biggest reasons it did not help is because the ”Banks” would not participate and of course as of today it’s still a free country, so if they did not want to play ball then you were outta luck.
Until I see proof that this latest round is helping people here in our local area’s of Southeast Michigan, namely, Macomb County, Wayne County, Oakland County, and St Clair County….I’m NOT a believer.
PLEASE READ THIS: I cannot help you. I am a mortgage broker and we have not been ”Allowed” in to the negotiations on how to run the show. You have to contact YOUR BANK in order to see if you are eligible for any of the programs.
Here is the link that discusses all about the various round of Government Solutions…
Please don’t call my office for information, please vist the website above and contact your lender direct. I would love to help but I can’t. Feel free to email me your stories of how your bank treated you when you called to try and get help, I would love to bring them to the attention of Channel 7 News reporter, Bill Spencer.
Best of Success,
Jeff Marsack, jeff@glmf.com
Great Lakes Mortgage Funding
“Your Mortgage Advocate”
