DU Refi Plus

Since the 2008 Recession, homeowners have experienced a prolonged recovery. By most indications, the United States’ economy looks like it is going to be back at a healthy level within the next few years. With that being said, there are a substantial number of homeowners that owe more than their home is worth.

This is a particularly serious issue for the California market, since California has such high prices for homes.

The Home Affordable Refinance Program is designed to assist homeowners in refinancing their mortgages, even if they owe more than the home’s current value. DU’s (Desktop Underwriters) determine eligibility, and we at MortgageCouch can approve loans for credit scores that are as low as 580.

We at MortgageCouch believe in helping our clients. As a result, we believe that we can help families who bought at the wrong time and are still suffering from the consequences of a poor economy.

For more information, please contact us at (805) 619-3550, or by email at team@MortgageCouch.com.