Homeowners with a mortgage from Fannie Mae or Freddie Mac can now get approved for a mortgage modification thanks to President Obamas stimulus plan. With this stimulus plan millions of homeowners can easily get a mortgage modification and save money, their home, or both. Here is what homeowners need to know about getting a mortgage modification with Fannie Mae or Freddie Mac and President Obamas stimulus plan.

This stimulus program from Obama is backed by over $75 billion in Government money. This money is being used to keep mortgage interest rates low and to help nearly any homeowner with a mortgage from Fannie Mae or Freddie Mac to get approved for a mortgage modification. Now, using this stimulus program, homeowners can easily get help with their mortgage and lower the monthly payments to an affordable level. This program will also stop or prevent any foreclosures and enables people to keep their home even if they are at risk of losing it.

Every homeowner with a mortgage from Fannie Mae or Freddie Mac can get a mortgage modification that follows Obamas stimulus plan guidelines. This means that millions of people can get a new mortgage payment that is less than 31% of their income and see other huge benefits. Some of the best things homeowners can get out of mortgage modification with Obamas stimulus are no closing costs, easy eligibility requirements, and a guaranteed approval if the mortgage is from either Fannie Mae or Freddie Mac.

Homeowners need to take action and use this Obama stimulus plan for themselves. Contact Fannie Mae or Freddie Mac and get help with a mortgage modification. Never before has a stimulus program been this helpful to so many homeowners. Take action now and use this plan to save money, your home, or both.

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

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