Bank of America mortgage refinancing options now exist for millions of struggling homeowners thanks to President Obamas housing stimulus plan. This stimulus plan enables major lenders and banks to approve millions of struggling homeowners for a mortgage refinance that will save them money, their home, or both. Bank of America is participating in Obamas housing stimulus plan and is able to offer nearly any homeowner a mortgage refinance approval. Here are some things homeowners should know about refinancing a home loan with Bank of America and President Obamas stimulus plan.

This stimulus plan was designed to help struggling homeowners prevent foreclosure and save money through refinancing into a new low interest mortgage. Bank of America is one of only a few mortgage lenders or banks who are authorized to offer homeowners loan refinance options from the stimulus plan. The stimulus plan provides the mortgage lenders and banks cash incentives to help struggling homeowners save their home and money by refinancing. These cash incentives allow Bank of America to offer nearly any homeowner a mortgage refinance option that will save them a lot of money and prevent foreclosure.

In the past, homeowners needed to have good credit, a job, and home equity in order to get approved for mortgage refinancing. This stimulus plan changes things and allows nearly any homeowner, with any financial problem, to get approved for a mortgage refinancing. Bank of America is happy to help homeowners save their home by offering them new loan options.

It has never been this easy to get a Bank of America mortgage refinance approval. Homeowners are encouraged to take advantage of this housing stimulus plan and get themselves into a new and better home loan. Contact Bank of America today to see what new mortgage refinance options exist.

-M Petrone

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