Although it is possible, I rather doubt that it will happen. So much of the country has seen a recovery of values, that the "crises' is just not there anymore that would prompt an extension. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950
Probably not going to happen for reasons already stated.. but there are programs in place now to help you refinance, so if your considering doing a refinance, don't' wait any longer.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
There had been talk about doing it, but that was about it. I'm pretty sure that possible extension has died.
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