The Obama Administration has launched a Web site that will help homeowners determine if they are eligible for the Making Home Affordable loan modification or refinancing programs.First announced by President Barack Obama in February, Making Home Affordable will offer assistance to as many as 7 to 9 million homeowners making a good-faith effort to make their mortgage payments, while attempting to prevent the destructive impact of the housing crisis on families and communities.
Through the Making Home Affordable program, Washington families may be eligible to refinance or modify their loans to a payment that is affordable.
The Web site features self-assessment tools that will help homeowners determine if they are eligible for either the loan modification or refinancing programs.
Visit MakingHomeAffordable.Gov.