Ohio homeowners born before 1986 may be getting a big pay day.
(Washington, D.C.) - The greatest mortgage reduction program in US History is being kept a secret!
Still unknown to many is a brilliant Mortgage Program called the Freddie Mac Enhanced Relief Refinance (FMERR) could benefit Americans and reduce their payments by as much as $4,260 per year ($355/mth)! You could bet the banks aren't too thrilled about losing all that profit and might secretly hope homeowners don't find out before time runs out.
So while the banks happily wait for this program to end, the Government is making a final push and urging homeowners to take advantage. This program could end at any given time in 2019, but the good news is that once you're in, you're in.
If lowering your payments, paying off your mortgage faster, and even taking some cash out would help you, it's vital you act now and see if you could qualify for FMERR or a better rate in today's marketplace.
URGENT: So many homeowners could still benefit today, but sadly, many perceive FMERR to be too good to be true. Remember, FMERR is a free program and there's absolutely NO COST to see if you qualify. See if you qualify now before it's gone »
How Can You Check Your Monthly Savings?
Step 1: Select your age below and answer a few questions on the next page.
Step 2: After you enter some information about your home, you will find out how much you may save. It's an easy and quick way to put money back into your pocket!
Remember: You do not need to pay anything to use this program. It's completely free and only takes a few minutes. Any other source that tells you otherwise should be avoided!
- http://www.whitehouse.gov/refi
- http://www.freddiemac.com/finance/pdf/RefiReport2013Q4.pdf
- http://www.fanniemae.com/resources/file/aboutus/media/HARP-Research-Report-030613.pdf
- http://www.forbes.com/pictures/el45fjjej/six-simple-ways-to-pay-off-your-mortgage-faster-60/
- http://www.nytimes.com/2011/08/21/realestate/exploring-the-15-year-loan-for-refinancing-mortgages.html
- http://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Fannie-Mae-and-Freddie-Mac-Announce-HARP-Changesto-Reach-More-Borrowers.aspx
Homeowners who refinance with Freddie Mac's Flex Modification can eliminate up to 20% off their monthly house payment. These numbers along with more benefits of the program can be found at: https://nationalfairhousing.org/wp-content/uploads/2017/09/2017-09-26_Fannie_Mae_and_Freddie_Mac_Flex_Modification.pdf
Homeowners who refinance from 30 year fixed mortgages to 15 year fixed mortgages can save up to $145,000. Further information for this can be found at http://www.nytimes.com/2011/08/21/realestate/exploring-the-15-year-loan-for-refinancing-mortgages.html
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