Right now is a great time for many people to refinance a mortgage with Chase. Millions of homeowners are eligible to use President Obamas stimulus plan and Chase to get a cheaper monthly mortgage payment, and to prevent a home from being lost Here are some things that people need to know about this stimulus plan and mortgage refinancing with Chase.

Chase is one of only a select few banks or mortgage lenders who is able to offer homeowners options from Obamas stimulus plan. Chase can now offer nearly any homeowner a mortgage refinancing that will lower their monthly home loan payments, prevent their home from being lost to foreclosure or default, or both. This is all because of $75 billion in Government funding for the stimulus plan. Every time a lender like Chase offers a homeowner a refinance option that follows Obamas stimulus plan, they get cash incentives for doing so. This money allows them to help more people and take on more risk that struggling homeowners have.

The housing market and overall economy are in tough shape and Obama knew homeowners needed help. This program is designed to help struggling homeowners in nearly situation. Some of the biggest problems people have that this plan will help with are:

-Loss of job or other financial hardships

-An upside down mortgage or home that is dropping in value

-Bad credit and bad debt problems

-No cash to pay for a traditional mortgage refinancing

There has never been more help available for homeowners than there is right now. People all across the country are eligible to take advantage of this program for themselves and save money, their home, or both. Contact Chase today and see what benefits exist for you from Obamas stimulus plan.

-M Petrone

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