Home Rescue 1.0


Category: Education
Price: $0.99 (iTunes)

Description:

You’ve heard of the ‘housing crisis’ You’ve also probably heard of the US Government’s Housing Stimulus or Housing Bailout plan.

Are you one of the 9 million homeowners the program is designed to help? Is your home underwater?

In February 2009 President Obama announced a massive US Government Housing plan. Can this program help you avoid losing your home through foreclosure or bankruptcy?

For many users, Home Rescue can quickly help answer questions that your lenders may not like to directly answer:

* What kind of mortgage do I have? Sub Prime? Alt A? This simple fact can be hidden among terms like 3/1, 10/1 30 year etc.

* Is my mortgage backed by Fannie Mae or Freddie Mac? Our list of over 70 lenders can help to answer this critical question. Includes tips for approaching lenders/servicers not on the list.

* Does the Community Reinvestment Act apply to me? This ongoing US government program can help low income families in distressed areas.

* Straight talk on the options in the new government housing program? Don’t let phrases like ‘IRRL’ and ‘changing amortization’ confuse the basic questions which are: ‘can I reduce what I owe’ or ‘can I reduce what I pay each month’!

Whats in the app:
- Refinance wizard to see the bailout applies to you
- Mortgage modification wizard to see if the bailout applies to you
- Assistance with figuring out if you are with Fannie Mae or Freddy Mac
- Information about the government programs
- Contact phone numbers for help with your situation
- Suggested steps for you to follow based on how you respond to the wizards
Home Rescue



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