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Making Home Affordable
This overview will provide: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],July 2009  |  Making Home Affordable
Background Homeowner Affordability & Stability Plan Making Home Affordable Program Home Affordable Refinance Home Affordable Modification The  Administration’s  Plan Program for Homeowners Programs  Available
Home Affordable Refinance Program (HARP) ,[object Object],[object Object],[object Object],[object Object],[object Object]
HARP Eligibility Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How does HARP differ from other refinances? ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],How does a borrower apply for HARP?
Home Affordable Modification Program (HAMP) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
HAMP Eligibility Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Determining Imminent Default ,[object Object],[object Object],[object Object]
Modification Process ,[object Object],[object Object],[object Object],[object Object]
Know Your Debt-to-Income (DTI) Ratio ,[object Object],[object Object],[object Object],31% DTI
Modification Process - Continued ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modification Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Know Your Debt-to-Income Ratio ,[object Object],[object Object],[object Object],Need Assistance? HUD-approved housing counselors are available to assist you. The service is  free  and available 24/7. 1-888-995-HOPE
Second Mortgage Lien Modification Program  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Second Mortgage Lien Modification Program - Continued ,[object Object],[object Object],[object Object],[object Object],[object Object]
Second Mortgage Lien Modification Program - Continued ,[object Object],[object Object],[object Object]
Borrower Incentives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequently Asked Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequently Asked Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequently Asked Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequently Asked Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequently Asked Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modification Success Story ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modification Success Story ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Before Monthly Savings for 60 Months $663 Savings During First Year $7,956 After
Getting Started Easy-to-Use Main Navigation for Homeowners to Quickly Find Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sample Home Page Access Checklist to Prepare Borrowers to Speak with their Mortgage Lender or Counselor
Determine Basic Eligibility Homeowners can find out if they may be eligible for Home Affordable Refinance or Home Affordable Modification by clicking on each button and answering several questions. ,[object Object],[object Object],[object Object],[object Object],[object Object],Sample Eligibility Page
Contact Your Mortgage Lender ,[object Object],[object Object],[object Object],[object Object],[object Object],Link to Hope Now website for additional list of mortgage lenders and their contact information. Participating mortgage lenders contact information shown here. Sample Contact Your Mortgage Servicer Page
Beware of Rescue Scams ,[object Object],[object Object],[object Object],[object Object],[object Object],There is  never  a fee for getting information about the Making Home Affordable program from your mortgage lender or a HUD-approved housing counselor.
Additional Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Mha Borrower Presentation Long English 090909

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  • 3. Background Homeowner Affordability & Stability Plan Making Home Affordable Program Home Affordable Refinance Home Affordable Modification The Administration’s Plan Program for Homeowners Programs Available
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