subject: Citigroup Loan Modification Helps Keep Home Sweet! [print this page] Here in the United States, many people are beginning to appreciate their homes more than ever before. This is because all around, you can see folks who are losing their precious homes. Many people have no place to live. Homelessness and foreclosure are on the rise in record numbers. If you are in default on your Citigroup mortgage, you may fear that foreclosure is just inevitable. You really don't know what else to do or where else to turn. You have racked your brain for solutions, but nothing has worked out. Maybe a Citigroup loan modification could help you keep your home sweet home.
Citigroup is a participating lender in the Making Home Affordable Program, and this program is targeted to help homeowners just like you. If you meet the qualifications, you could not only save your home from foreclosure, but you could get mortgage terms that were real sweet, too!
If you meet the application guidelines, Citigroup can not foreclose on your property until they have considered your application for the Making Home Affordable Program. They are bound, as a participating lender, by the rules of the program.
Is your Citigroup mortgage serviced by Fannie Mae or Freddie Mac? Is the home your primary dwelling? Is the amount owed on the loan $729,750 or less? When was your loan written originally? It must be on or before January 1, 2009. Have you been a victim of financial hardship? This means something happened to you that caused your income to go down or your expenses to go up.
If you answered, "Yes," to these questions, you may very well qualify to apply for a Citigroup Loan Modification. You may be able to stay in your beloved home, after all.
