Help may be available if you're experiencing difficulty in making your mortgage payments.
As part of the Obama administration's effort to get the economy back on track, a new program called "Making Home Affordable" has been created. Making Home Affordable is a plan to help qualifying homeowners reduce their monthly mortgage payments to more affordable levels. This can be accomplished either by modifying or refinancing your existing mortgage.
Where to start
The government's website, www.MakingHome Affordable.gov provides information and self-assessment tools to help determine whether you qualify under the Administration's program. We encourage you to look through the site. No matter who your mortgage provider is, the site contains the details of how the plan may help you and what you need to get started.
Only your current mortgage servicer (the institution to whom you make your mortgage payments) can help you with your loan.
How to apply
Please print out the forms below and complete the required information.
Submit your completed application to the address listed on the HAMP checklist. Once submitted, your application will be reviewed by one of our specialists.
Beware of home foreclosure rescue scams
To avoid becoming a victim, please keep the following in mind:
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There is never a fee to get assistance or information about Making Home Affordable.
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Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay - walk away!
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Beware of anyone who says they can "save" your home if you sign or transfer over the deed to your house. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
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Never submit your mortgage payments to anyone other than your mortgage company without their approval.