Tuesday, June 28, 2016

Making Home Affordable - Programs Made To Help You Solve Your Mortgage Problems


MAKING HOME AFFORDABLE:
PROGRAMS THAT MAY SOLVE YOUR CURRENT MORTGAGE PROBLEMS

*** Click On The Blue Title To Visit Each Program ***
Home Affordable Modification Program (HAMP) 
HAMP® is designed to lower your monthly mortgage payments, making them more affordable and sustainable for the long-term.
If you're current on your mortgage, but have had difficulty refinancing, HARP could provide a solution. Even if you owe more than your home is worth, if your mortgage is owned by Fannie Mae or Freddie Mac, you could save with HARP.
HAFA® provides homeowners the opportunity to exit their homes and be relieved of their remaining mortgage debt through a short sale or a deed-in-lieu of foreclosure (DIL).  It also provides homeowners with $10,000 in relocation assistance.
UPSM reduces or suspends your monthly mortgage payment, giving you some much needed breathing room while you search for your next job. 
Federal Housing Administration Short Refinance for Borrowers with Negative Equity (FHA Short Refinance) 
If you're up-to-date on your mortgage payments, but owe more than your home is worth, a FHA
HHFSM programs in 18 states and the District of Columbia were designed to provide assistance to struggling homeowners through modification, mortgage payment assistance, and transition assistance programs.