Many homeowners are looking for ways to save money, their home from being lost, or both. Luckily, CitiMortgage is taking part in President Obamas housing stimulus plan. This stimulus plan makes it easier for homeowners to get approved for mortgage refinancing from CitiMortgages loss mitigation department. Here are some things homeowners should know before refinancing a mortgage with CitiMortgage and President Obamas stimulus plan.

This housing stimulus program is backed by over $75 billion in Government money. Most of this money is being given to a few select mortgage lenders and banks who are committed to helping homeowners get a better and more affordable mortgage. CitiMortgage is one of the few lenders or banks who are authorized to offer homeowners these new mortgage refinancing options and that makes dealing with their loss mitigation department easier than ever.

The CitiMortgage loss mitigation department is responsible for dealing with struggling homeowners and finding them a better home loan repayment option. In the past, dealing with the loss mitigation department was difficult and nearly impossible to do unless certain requirements were met. Now though because of the Obama stimulus plan and the cash incentives it provides, home refinancing with CitiMortgage is easier than ever before.

Homeowners are actually encouraged to contact the CitiMortgage loss mitigation department directly and see what new options exist. Getting approved for a home loan refinancing is easier than ever and even CitiMortgage has eased their refinancing restrictions so more people will qualify for refinancing help. Do not wait any longer for help to come to you. Get the help you need and let CitiMortgage and the Obama stimulus plan help you.

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

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