In many ways, this plan will help many struggling homeowners. This plan would allow your loan investor or servicer to negotiate with you to reduce your loan payment to 31% of your total monthly income. This 31% includes principal, interest, property taxes and insurance. They can negotiate your interest down to 2% even if you’re topsy turvy in your home value to what you owe. They can also stretch your mortgage timeframe out to 40 years. This could very well make a difference to millions of people. Check this link out!
Posted on March 4, 2009 at 3:42 pm Debbie Barger Smith