Arizona banks join ‘Lifeline’ to aid homeowners

White House effort will give homeowners at risk of foreclosure a 30-day reprieve.

 

If you are a homeowner and you have a loan with one of the following banks:

 

Bank of America, Chase, Citigroup, Countrywide Financial, Washington Mutual or Wells Fargo

 

AND you meet the following criteria you may be able to get a temporary reprieve from foreclosure proceedings:

 

□          90 days or more overdue on payments

□          have not filed for bankruptcy protection

□          don’t have a foreclosure date set within the next 30 days

□          haven’t vacated the property

□          haven’t used your loan to fund investment property or vacation homes

 

Read the article at:

http://www.azcentral.com/realestate/articles/0213biz-lifeline0213.html

Jim Gruler
Designated Broker
Hunter James Properties
www.azhomezone.com