President Obama's plan to prevent foreclosures has resulted in the Making Home Affordable program, which assists home borrowers with loan refinancing and modifications. Up to 9 Million American families may be eligible for these programs!
- The Loan Refinancing program is designed for homeowners who aren't able to refinance perhaps due to declining property value.
- The Loan Modification program is designed for homeowners who are having trouble making mortgage payments because their rate has increased or their income has declined.
MHVFCU is a proud participant in both programs!
To see if you are eligible, click here or visit www.makinghomeaffordable.gov. Once you complete the process through the government site, just hit your browser's "back" button to return to this page, click the button that applies, and finish the process with MHV.