Refinancing and the bailout can somebody give me some information?

Emma
I have read and seen on the news that with the bailout I should be able to get my house refinanced at a lower interest rate which would lower my monthly payments. I get a bunch of stuff in the mail saying they will refinance me at this rate and that rate and they also mention the bailout in their letters. What I want to know is how do I know if they are legit and if there any way to tell which ones are legit and which ones are not, Plenty of them look very official like thay came from the goverment themselves but I am very cautious. Also If anybody can tell me some companies I can check into please let me know. My current mortgage holder is no help at all. thanks.

Felipe
you have to read the fine print. that's all there is too it. however, the fine print is ALWAYS difficult to understand. therefore, it is worth it for you to hire a lawyer for a few hours to talk to and to help you sort out this issue that many americans are facing and will continue to face.

Dottie
If it came in the mail with some outrageous offer to "refinance" your mortgage... I would be very suspicious. The government does not send you an offer to refinance your loan.You still need to find a lender that participates in the program and do your own leg work.They won't come to you... trust me.