Federal mortgage giants Fannie Mae and Freddie Mac are expediting a new plan that would help many people near foreclosure. The plan is designed to help those who have lost a job or can prove economic hardship. Those who are approved will be able to have lower interest rates or a lower principal. This is great news for those in the DFW area who are struggling with the mortgage payment and are in danger of losing their homes.
The article says "to apply, homeowners should contact their mortgage servicer and provide: the household's monthly gross income, any association dues or fees, and the "hardship" that explains why they got behind." Good luck. Let us all work together to keep the DFW economy strong and vibrant.
Here is the article with more details:
Mortgage Plan
This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640
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