Need to stop a foreclosure? Want to get a 2% mortgage interest rate? Struggling to make your monthly mortgage payments? Fear that you will not get help if you try to get a mortgage refinancing due to bad credit or other financial hardships? Than here is how President Obamas mortgage stimulus plan can help you.

This program is a great way for millions of people to prevent losing their home, save money, and get an affordable monthly home loan payment. Never before has such a big program been in place that is designed to help so many homeowners. This program is actually designed to help nearly 8 million people who are having financial problems.

Anyone with bad credit, an upside down mortgage, who lost a job, or are facing other financial hardships can get help when they refinance a mortgage. This is because the Obama stimulus plan gives money to mortgage lenders and banks who make it happen. This money gives them incentive to approve more homeowners in bad situations than ever before.

Another way this money is helping homeowners is the fact that new mortgage refinance options exist that will make monthly payments affordable based on their homeowners income. According to President Obamas stimulus plan, a monthly payment should be 31% of a homeowners gross monthly income or less. This is designed to prevent people from having to face these financial and mortgage problems again in the future.

Never before has refinancing a mortgage been this easy or beneficial. Get the help you need today while it is easy to find. Do not lose your home or struggle any longer. Take advantage of Obamas stimulus plan for yourself.

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

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