Are you behind on your home mortgage with Citigroup? If so, this is certainly a stressful time for you and your family. The uncertainty and stress seem to take over your everyday life while you try to work out a solution. You may have heard about President Obama's Making Home Affordable Program. If you qualify, could you get a Citigroup big picture loans indian tribe installment loans Modification through this government program?
The MHA program has been in existence since February 2009, and it will expire on December 31, 2012. During that period, it is estimated that 3-4 million people will have gotten loan modifications and saved their homes from foreclosure. Over a million people have already saved an average of over $500.00 a month on their monthly house payments.
Fortunately, Citigroup is participating in the program; they are on the approved lender list. If you meet the application guidelines of the government program, you can apply. You will apply directly to Citigroup. There is no governmental agency where you apply, although the Department of Housing and Urban Development (HUD) can assist you with counseling, if needed.
Citigroup can work out your mortgage problems through this program. They will receive a $1000 incentive for completing this mortgage modification for you. The loss mitigation department at Citigroup does have the final approval authority, but they have the ability to do this big picture loans long term loan online modification for qualified applicants.
They are obligated to forgive your late fees and penalties when they rewrite your mortgage through this program. They also must consider your eligibility for a Citigroup big picture loans direct payday loan lenders no credit check Modification through the Making Home Affordable Program before they begin any foreclosure proceedings.
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Generated 17 Aug 2018, 5:06:46 UTC