New Government programs make refinancing a mortgage, even for homeowners with bad credit or other financial problems, easier than ever. Over $75 billion is available to help struggling homeowners avoid losing their home, and get a better, more affordable, mortgage payment. Millions of people can use this plan for themselves. Here is how.

Mortgage lenders and banks receive cash incentives from the Government when they help a homeowner who is at risk of losing their home. Every time they approve a refinancing or mortgage modification which is in line with the Governments stimulus plan, they get money. This money enables them to take a little more risk, and approve more homeowners. That means that homeowners with bad credit, income problems, or an upside down mortgage now have a much easier finding help with their mortgage.

Homeowners can owe up to 25% more on their mortgage than their home is worth, and still find that help is available to refinance or modify. Also, bad credit and financial hardships are no longer an excuse. Homeowners facing those problems can now get a much more beneficial refinance option than they would have been able to before this plan existed.

Foreclosure is at an all time high right now, millions of homeowners are going to lose their home unless they do something. This plan provides the way out that these people need to stop foreclosure, and secure your financial future and home. As opposed to giving up hope, find a solution through refinancing or mortgage modification.

-M Petrone
http://www.RefinancingCondo.com

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