This is an article about important options regarding Diteck mortgage refinancing and modification. I see this one full of information, thus making this, a valuable and must read post.
Here is how it goes. Homeowners who have a mortgage with Diteck should use President Obamas stimulus plan to get a refinance or home loan modification. This will allow the homeowners a chance to get a low 4.5 percent fixed rate prior to the refinancing or mortgage modification. Below are the tips for maximize this offer.
All homeowners are entitled to use this plan. President Obama's stimulus plan give incentives to mortgage lenders, to minimize their risks and allow them to approve more applications. Below are some important points to remember.
- The home to be refinanced must be lived in as a primary residence of the actual homeowner.
- Mortgage interest rates can be reduced to as low as 2% due to mortgage lenders and banks needing to meet the plans guidelines.
- Mortgages may be refinanced or modified into 20, 30, or even 40 years in length in order to meet the requirements.
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