FORBEARANCE
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.
CRITERIA
You may be eligible for UP if you meet all of the following criteria:
- You are unemployed and eligible for unemployment benefits.
- You occupy the house as your primary residence.
- You have not previously received a HAMP modification.
- You obtained your mortgage on or before January 1, 2009.
- You owe up to $729,750 on your home.
You may be eligible for UP if you meet all of the following criteria:
- You are unemployed and eligible for unemployment benefits.
- You occupy the house as your primary residence.
- You have not previously received a HAMP modification.
- You obtained your mortgage on or before January 1, 2009.
- You owe up to $729,750 on your home.
TAKE ACTION
Foreclosure is not your only option; you can see that there are several options to consider before you go into foreclosure. FOREBEARANCE might be the right program for you.
Additional information and assistance about FOREBEARANCE can be found in the following sites:
www.makinghomeaffordable.gov
www.knowyouroptions.com
www.hud.gov
To find out if your loan is owned by Fannie Mae click here
To find out if your loan is owned by Freddie Mac click here
DISCLAIMER
The purpose of this site is to provide you with information and resources that might help you understand your options to prevent or avoid foreclosure.
I hope you find this information helpful and useful. By becoming more knowledgeable of your options I am sure you will resolve your situation more advantageously.
If you have questions about FOREBEARANCE or the foreclosure process contact me here or click the contact me tab. With my twenty eight years of real estate experience, I can assist you, in this sometimes complicated, situation.
Foreclosure is not your only option; you can see that there are several options to consider before you go into foreclosure. FOREBEARANCE might be the right program for you.
Additional information and assistance about FOREBEARANCE can be found in the following sites:
www.makinghomeaffordable.gov
www.knowyouroptions.com
www.hud.gov
To find out if your loan is owned by Fannie Mae click here
To find out if your loan is owned by Freddie Mac click here
DISCLAIMER
The purpose of this site is to provide you with information and resources that might help you understand your options to prevent or avoid foreclosure.
I hope you find this information helpful and useful. By becoming more knowledgeable of your options I am sure you will resolve your situation more advantageously.
If you have questions about FOREBEARANCE or the foreclosure process contact me here or click the contact me tab. With my twenty eight years of real estate experience, I can assist you, in this sometimes complicated, situation.
YOU ARE NOT ALONE…
If FOREBEARANCE is the program that best suits your situation and you need assistance or additional information to proceed in order to prevent foreclosure contact me. It is my goal to become an asset and a resource to you and to build a client for life, whether we work together now or in the future, your questions will be answer at no obligation to you.
If FOREBEARANCE is the program that best suits your situation and you need assistance or additional information to proceed in order to prevent foreclosure contact me. It is my goal to become an asset and a resource to you and to build a client for life, whether we work together now or in the future, your questions will be answer at no obligation to you.
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TOOLS
Start preventing foreclosure today. Making Home Affordable will end on December 2013.
Click here to download the official Making Home Affordable handbook and to download the forms require for the Home Refinance Program (HARP), the Home Loan Modification Program (HAMP) and Short Sale (HAFA).
Start preventing foreclosure today. Making Home Affordable will end on December 2013.
Click here to download the official Making Home Affordable handbook and to download the forms require for the Home Refinance Program (HARP), the Home Loan Modification Program (HAMP) and Short Sale (HAFA).
This site is courtesy of Henry Diez “Your preferred Realtor of choice”
For all your real estate needs visit www.qualityservicerealty.com
Assisting buyers and sellers since 1995