Who is Eligible for a Making Home Affordable Refinance?
Do I qualify for a Home Affordable Refinance through Fifth Third? To find out, answer these questions:
- Is your first mortgage currently with Fifth Third?
- Is this mortgage on your primary residence?
- Are you current on your mortgage payments?
"Current" means that you have not been more than 30-days late on your mortgage payment in the last 12 months.
- Do you believe that the amount you owe on your first mortgage is at or
below 125% loan-to-value ratio?
Estimate the value of your home and multiply by 125%. For example, under this program, if your home is worth $100,000 and your current mortgage exceeds that amount, you may be able to refinance your mortgage up to $125,000.
If you answered "Yes" to all of these questions, you may be eligible for a Home Affordable Refinance. Please start an online application today, or contact us at 1-877-810-9718, and we can review your eligibility. If you answered "No" to any of the questions above, please review the information for Home Affordable Modifications. Or feel free to contact us to help check your eligibility for other mortgage refinancing options.
For a complete overview and details of the Making Home Affordable Program, please visit www.financialstability.gov.