The Making Home Affordable Program (MHA) ® is a critical part of the Obama Administration's broad strategy to help homeowners avoid foreclosure, stabilize the country's housing market, and improve the nation's economy.
"Once you show them that you're trying they're going to help you but you have to try first. And they will help."
Kenny - Homeowner
Homeowners can lower their monthly mortgage payments and get into more stable loans at today's low rates. And for those homeowners for whom homeownership is no longer affordable or desirable, the program can provide a way out that avoids foreclosure. Additionally, there are options for unemployed homeowners and homeowners who owe more than their homes are worth.
Lower your mortgage payments with an MHA ® loan modification.
Take advantage of today's historically low mortgage interest rates through MHA ® refinance programs that help you get into more affordable and more stable fixed-rate mortgages.
Get the financial relief you need, even if you are unemployed.
Learn about an MHA ® program designed for those with a home equity loan, HELOC, or other second lien that makes it difficult to keep up with mortgage payments.
Find out what to do if the value of your home has fallen below what you owe on it, through an MHA ® program that specifically address this issue.
If homeownership is no longer affordable or desirable, you may be able to transition out of your home and avoid foreclosure through an MHA ® program that also provides $3,000 in relocation assistance.
Under recently announced changes to HAMP, military homeowners and other families who are permanently displaced by a job-related move may still qualify as owner-occupants, which means you may still be eligible for a mortgage modification.
Take a quick look at all of the MHA ® programs and see which one might be right for you.