iHomesaver - Get expert help for home foreclosure prevention

It's easy to get confused about all the different programs and funding the government is providing to banks and institutions to stimulate this economy. Is this money for the business, or for consumers, or what exactly is it for?

The TALF Loan program is one that has confused many consumers and homeowners, so we want to clear it up for you here.

TALF stands for - Term Asset-Backed Securities Loan Facility.
The purpose of this program is NOT to make loans directly to consumers. Instead, it provides loans to businesses who provide auto loans, student loans, credit card and other types of loans to you the consumer. In doing so this programs aim is to open up the frozen credit markets and get the economy moving again.

Let's put this program in context of how important it is to solving our nations economic woes.

The Auto Industry Bailout was est. $40 Billion
The Homeowners Bailout was funded with $75 Billion
The ENTIRE TARP bill passed by the Bush Administration was about $700 Billion.
This TALF Loan Program will be initially funded with $200 Billion dollars, and is expected to total over 1 Trillion dollars within two years.

So although you will not be directly applying for a TALF loan, your lender just might be and it makes good sense to understand exactly what these loans are.

Read the Governments latest details on the TALF program

To get a free consultation on how to save your home from foreclosure, or how to modify your current loan to an affordable payment complete the request below.

Please provide the details of your situation so a foreclosure expert can quickly review your case and provide you with realistic options to save your home.

First name:		Last name:
Address:		City:
State:		Zip:
email :
Home phone:	- -	Work phone:	- -
Contact me at:		Title Holder is 62 or older?	Yes No

Your Expenses and Income		About your home and mortgage
Are you employed?:	Yes No	Your mortgage company:
Bankruptcy in last 3 years?	Yes No	How late is your mortgage:
If so, what chapter?		Have you received a Notice of Default?	Yes No
Monthly income:		Do you have a foreclosure sale date?	MM/DD/YYYY
Monthly Mortgage Payment:		Loan Type:
Total Credit Card Debt:		Home Type:
Total monthly expenses:		Homes value:
		Mortgage Balance:
Comments to help us understand your situation:	250 characters left.

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