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President Obama's Homeowner Affordability & Stability Plan was created to help millions of homeowners refinance or modify their mortgages and to further prevent foreclosures and assist borrowers with mortgage loan modifications as part of the Homeowner Affordability and Stability Plan. This new Making Home Affordable program provides $75 billion to assist homeowners who are experiencing hardship in making their mortgage payments.
Marquette Bank is committed to helping our customers keep their homes. The new Homeowner Affordability & Stability Plan provides the opportunity to help home owners by:
Refinancing - For homeowners who pay their mortgages on time but are not able to refinance in order to take advantage of today's lower mortgage rates due to a decrease in the value of their home. A Home Affordable Refinance will help borrowers, whose loans are held by Fannie Mae or Freddie Mac, refinance into a more affordable mortgage.
Modification - For homeowners who are struggling to make their monthly mortgage payments either because their interest rate has increased or they have less income. The Home Affordable Modification would provide them with mortgage payments they can afford on loans held by Fannie Mae or Freddie Mac.
Are you eligible?
Your first step in finding out if you are eligible is to contact us regarding your situation.
Even if you are current on your mortgage payments, but have had a change in your personal situation and you feel you are at risk of losing your home - don't delay. Contact us directly at 1-708-873-5761 to speak with a Homeownership Representative about options that may be available - we can help. Or click below.
Concerned about your Marquette Bank mortgage?
We can help.
Marquette Bank is committed to helping our customers keep their homes. The new Homeowner Affordability & Stability Plan provides the opportunity to help home owners.
You do have options - depending on your situation, we can help. We will work directly with you to see which one will make the most sense in your specific situation.
Home Affordability Program Contact Form
We Are Here to Help.