Obama Administration Launches New Website Aimed at Helping Loan Mods & Refinances

MakingHomeAffordable.gov is a new website which was launched on March 19^th by the Obama Administration. 

The idea of the website is to help the average consumer determine if they can qualify for a loan modification or refinancing.  The site offers tools and calculators to help borrowers determine if they are eligible for different types of loan modification programs. 

Some additional features include: detailed information about this government program, self assessment tools, a mortgage calculator, resources to find free counseling, and a checklist of required documents.