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ASK A LOAN MOD GURU
Empowering you to SAVE your home and MODIFY your loan
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Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (HHF)
Article Repost: http://www.makinghomeaffordable.gov/programs/view-all-programs/Pages/default.aspx Early in 2010, Treasury announced that the Hardest Hit Fund® would provide more than $7.6 billion in aid for homeowners in states hit hardest by the economic crisis. Since then, state housing finance agencies have used the fund to develop programs that stabilize local housing markets and help familie...
Home Affordable Unemployment Program (UP)
Article Repost: http://www.makinghomeaffordable.gov/programs/view-all-programs/Pages/default.aspx If you are unemployed and depending on your situation, MHA’s Home Affordable Unemployment Program (UP) may reduce your mortgage payments to 31 percent of your income or suspend them altogether for 12 months or more. + Eligibility You may be eligible for UP if you meet all of the following crite...
FHA Refinance for Borrowers with Negative Equity (FHA Short Refinance)
Article Repost: http://www.makinghomeaffordable.gov/programs/view-all-programs/Pages/default.aspx If you’re not behind on your mortgage payments but owe more than your home is worth, FHA Short Refinance may be an option that your mortgage servicer will consider. FHA Short Refinance is designed to help homeowners refinance into more affordable, more stable FHA-insured mortgage. If your curre...
