The HOPE NOW Alliance includes a number of counseling organizations, which consists of all HUD intermediaries that have offices across the United States. The organizations play a key role in the success of HOPE NOW, providing borrowers in-depth debt management, credit counseling and overall foreclosure counseling. Click here to learn more
In working on your modification there are some things to keep in mind. By paying close attention to details, the process will go faster. The modification process is time consuming and often simple mistakes take time and energy when having to go back and dig up paperwork or having to sign and resend a document. Keep a copy of everything together, so if you are asked for it later, it’s easy to retrieve. Hopefully these 11 smart tips will serve you well as you navigate through the modification processes.
The Making Home Affordable Program is part of the
President's broad, comprehensive strategy to get the economy back on track. The plan will help up to 7 to 9 million families restructure or refinance their mortgages to avoid foreclosure. The plan can help responsible homeowners who are at risk of default or are facing foreclosure.
You may be asked to provide details of your personal financial situation when you speak to your mortgage company, so have your mortgage loan number ready. Also, your mortgage company may require other documentation about your finances when you speak with them. The information you provide will help your mortgage company determine what payment alternatives may be available to you.