| If you are behind on your Bank of America home | | | | to grant consideration to all applications for |
| mortgage, you may not know quite what to do. | | | | assistance. He has also requested that banks |
| You know that if you don't do something, that | | | | supplement their staff in order to handle all of the |
| foreclosure will not be far off. Fortunately for | | | | increased workload and assure that troubled |
| you, Bank of America is on President Obama's | | | | homeowners will be served. Bank of America is |
| approved lender list. If you qualify, you could | | | | one of the lenders that has received attention for |
| obtain a Bank of America Loan Modification that | | | | the backlog in the application process. It takes a |
| would help you save your house. | | | | long time just to navigate the telephone system. |
| A loan modification is part of the Home | | | | If you think a Bank of America Loan Modification |
| Affordable Mortgage program, and there are | | | | could help you keep your home, you should find |
| several application guidelines you would have to | | | | out everything you can before you contact them. |
| meet. But, if you do, you can have your whole | | | | This also applies to any of the above mentioned |
| mortgage reworked so that you get a fresh start | | | | lenders. You can only apply once, so thoroughly |
| and a new, lower house payment. | | | | research, prepare and compile your application |
| Only lenders who are on the list can participate. | | | | package before you begin the process. This gives |
| Other lenders on the list include: Aurora Loan | | | | you the very best possible chance at obtaining |
| Services, Bank of America, and Bayview Loan | | | | the assistance you need under the Home |
| Servicing. | | | | Affordable Mortgage program that President |
| President Obama is expecting all of these lenders | | | | Obama would like you to have. |