Posts on ‘March 31st, 2009’

If your disposable income has disappeared because you have experienced a change in circumstances and are struggling to make your house payments, the Obama Administration’s plan was designed with you in mind. To qualify your home must be your primary residence, the amount you owe on your first mortgage must be equal to or less than $729,750 and you must have obtained the mortgage before January 1, 2009. Do not be surprised if you qualify. The Treasury Department’s plan released March 4th states that as many as 4 Million homeowners will receive assistance.