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You are here: Home / Archives for Central Parke at Victoria Falls / Selling your home / Loan Modification Process

Making Home Affordable (MHA) Program

WHAT IS MAKING HOME AFFORDABLE (MHA) ALL ABOUT? Making Home Affordable (MHA) Program is a critical part of the Administration's broad strategy to help homeowners avoid foreclosure and stabilize the nation's housing market. Eligible homeowners can lower their monthly mortgage payments and get into more stable loans at today's low interest rates. And for those homeowners for whom ownership is no longer affordable or desirable, the program can provide a way out that avoids foreclosure. There are also options for unemployed homeowners and homeowners who owe more than their homes are worth. ABOUT SERVICERS HOME AFFORDABLE REFINANCE PROGRAM (HARP) I'm current on my mortgage. Is it possible to refinance my loan under HARP? Yes. Eligible homeowners, who are current on their mortgages but have been unable to take advantage of lower interest rates because their homes have decreased in value, may have the opportunity to refinance. Through HARP, Fannie Mae and … [Read more...]

Filed Under: Foreclosures, HAFA Short Sales, Homeowners Information, Loan Modification Process, Sellers Information, Selling your home Tagged With: Buyers closing cost, First Time Home Buyers, Home Affordable Foreclosure Alternatives, Homes for sale in DC, homes for sale in Laurel MD, Making Home Affordable, Mortgage Information, Save our home, Sellers Information

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Adolphus Hawkes Realtors, LLC

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