Hope for Homeowners – Refi and Loan Modification

by | Apr 26, 2009 | How to Guides, Uncategorized

I’m sure you’ve heard a ton about the Fannie / Freddie refi and loan mod program. The basic idea is that Fannie/Freddie backed or held loans can refi into a 30 year fixed rate at market rate interest rates EVEN IF you owe more on the loan than the home is worth. Info on the program and how to see if you qualify.
You have to be current on payments to qualify for this program!

The loan modification program is voluntary so not all banks will do this. Here is a link to FAQs for both loan refi and mods.

Here is Wells Fargo’s guidelines: making-home-affordable-program-newsflash


Learning Center:

Advice, Opinions, and Market Reports about the Oregon and Washington Real Estate Market

CDC’s COVID-19 Eviction Moratorium

CDC’s COVID-19 Eviction Moratorium

In an effort to prevent the spread of COVID-19, CDC Director Dr. Robert Redfield signed a declaration determining that the evictions of tenants could be detrimental to public health control measures to slow the spread of SARS-Cov-2, the virus that causes COVID-19. ...

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington