Wells Fargo is one of the few mortgage lenders who is authorized to offer President Obamas “Making Home Affordable” plan. Homeowners can use this plan to get more affordable monthly mortgage payments through mortgage modification or refinancing. Wells Fargo, is one of the biggest most trusted lenders in the country, and millions of homeowners can use them to get a better mortgage. Here is how:

This mortgage modification plan allows millions of homeowners to save money on their monthly home loan payments. There is over $75 billion in funding to give mortgage lenders like Wells Fargo, cash incentives to cover their risks when they approve homeowners who are “at risk” or otherwise financially hurting. Since they are getting stimulus money, they will be able to approve more homeowners then they would have before the mortgage bailout plan. Homeowners who have been denied before, facing financial hardships, or believe there is not enough value in their home, can still get approved for a Wells Fargo mortgage modification.

Wells Fargo and President Obama know that when a homeowner loses their home, no one wins. That is why they are making getting an affordable mortgage easier than it has ever been before. This plan comes at a time in America when foreclosures and mortgage defaults are at an all time high. This plan will restore home values and market confidence, help the overall economy, and allow millions of homeowners a chance to stay in their home, as opposed to losing it.

Homeowners need to use this plan and get a Wells Fargo mortgage modification before their situation gets too bad. The longer you are in trouble and wait it out, the worse your financial situation is going to get, and the harder it will be to save your home.

-M Petrone

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