Tuesday, July 5, 2011

Mortgage Funds Available to Lend!



Did you know that there are government sponsored refinances for homeowners who have been "good" on their mortgages? It is part of the current administration's "Making Home Affordable" program. People's First can obtain financing for homeowners to to 105% of their home's current value. In some cases the appraisal has been waved with high credit scores and lower debt to income ratios.
The goal of the refinance initiative is to provide low-cost refinancing for responsible homeowners suffering from falling home values.
If your current mortgage is a Fannie Mae home loan and you think you might qualify for this program, give JoAnn Young a call right away. Interest rates are low so take advantage while you can!
321-243-4917, or email me for more information and I will call you!