| Are you in default on your Bank of America home | | | | payment. |
| mortgage? You may be able to get some immediate | | | | Your modified Bank of America mortgage could also |
| help in the form of a Bank of America Loan | | | | have low interest rates, as low as 2%, an extended |
| Modification. This is a complete reworking of your | | | | term to your loan, up to 40 years, and even have |
| mortgage in order to lower your monthly payments | | | | some principal reduced, if need be, to obtain the |
| and give you a fresh start. If you qualify, not only your | | | | desired payment. They will also have the option to |
| loan will be changed, but your life will as well. | | | | reduce the late fees that have added up while you |
| If you are fortunate enough to qualify for this federal | | | | have been struggling with your mortgage. |
| stimulus program, you will no longer be constantly | | | | You should investigate all the application guidelines to |
| worrying over the threat of foreclosure. You do not | | | | this program. Get all your documents together and |
| have to find alternative housing for your family. Your | | | | prepare your application materials. Then, and only then, |
| credit will not have a big black cloud of foreclosure on | | | | should you contact Bank of America. You will probably |
| it for the rest of your life. | | | | have a long wait on the phone, and you may have to |
| In addition to avoiding foreclosure, you will obtain a | | | | call back several times just to talk to someone who |
| sweetheart of a mortgage arrangement. You will have | | | | could help you. But, with persistence, come rewards, if |
| more income freed up each month for whatever you | | | | you qualify. |
| need because you will have a much lower house | | | | |