There are very few people today who have not experienced some financial hardship and if your mortgage might be at risk you need to act before it's too late and you lose your property or home.
To get your mortgage refinanced today you'll need to Get An Affidavit of Financial Hardship which, if it had been done months ago, might have slowed the recession we're all facing.
The US President announced his "Homeowner Affordability and Stability Plan" to help people that have been having trouble Refinancing a Mortgage or keeping up with payments. The media is making a big deal about having to prove hardship as part of the negotiations with lenders to qualify.
Now really... If you are in financial stress and relief is what you are seeking, I say fill out the form and comply with the other requests the lender makes. The Rates of Unemployment Increasing is only going to compound this issue.
The whole reason for the financial mess in the first place is the lack of scrutiny on these mortgages to begin with, so please give me a break. Get with the program.
Florida has a document that is probably like what a person would need to fill out which is actually called Affidavit of Financial Hardship. Go ahead and get it!
If you want to reduce your level of stress, I suggest that you check out the White House Blog to Get The Details of President Obamas' Plan.
I say go ahead and Get An Affidavit of Financial Hardship and make a deal with your lender to get Refinancing Today.
Oh! After you get the whole mess straightened out, it will be time to learn how to Rebuild Your Credit. It's always a good time to start that process.
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