Making Home Affordable - Resources for Borrowers

RESOURCES FOR BORROWERS

News and Information
Find articles and information about foreclosure prevention and other helpful topics.

Frequently Asked Questions by Borrowers
Read important questions and answers facing many borrowers when looking at the program.

Understanding the Trial Plan
The Home Affordable Modification Program requires borrowers to enter into a Trial Period Plan before receiving a permanent Home Affordable Modification.

Understanding Your Mortgage Statement
View an example of a mortgage statement and learn how to understand what it means.

In Your Community: Homeowner Events
Find an event in your area where you can get immediate help connecting with loan servicer representatives and local housing counselors.

Lending Discrimination
Visit the Office of Fair Housing and Equal Opportunity for more information.

Outreach Toolkit
Download brochures, fliers, fact sheets, presentations, and banner ads to help spread the word about Making Home Affordable.

HMP Admin
This site provides resources and policy guidelines for mortgage servicers and housing counselors implementing the Home Affordable Modification Program.

Contact Your Mortgage Company
A wide array of servicers have agreed to participate in the Home Affordable Modification program and have already engaged borrowers and expanded capacity to begin the modification process for eligible homeowners.

Making Home Affordable: Homeowner Examples
Read examples of homeowners who may have similar situations as yours.

Payment Reduction Estimator
This Payment Reduction Estimator will determine what your current mortgage debt-to-income is and how much your monthly payment may be reduced if you qualify.

Modification Evaluator
This tool will calculate a mortgage payment guideline amount based upon your current financial situation.

Asked and Answered
Questions from Homeowners like You

› Read responses to questions from homeowners like you

› Frequently Asked Questions

› If you need immediate assistance call 1-888-995-HOPE (4673)

Beware of Foreclosure Rescue Scams - Help Is Free!

Beware of anyone who asks you to pay a fee in exchange for a counseling service or modification of a delinquent loan.
Scam artists often target homeowners who are struggling to meet their mortgage commitment or anxious to sell their homes. Recognize and avoid common scams.
Assistance from a HUD-approved housing counselor is FREE.
Beware of people who pressure you to sign papers immediately, or who try to convince you that 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.
Never make a mortgage payment to anyone other than your mortgage company without their approval.

The Obama Administration has launched a coordinated effort across federal and state government and the private sector to target mortgage loan modification fraud and foreclosure rescue scams that threaten to hurt American homeowners and prevent them from getting the help they need during these challenging times. Click here for more information.