Using the Home Affordable Modification Program (HAMP) to fight Wall Street.
2009 Home Affordable Modification Program (HAMP) guidelines - For mortgage loans issued before January 1, 2009,
"Monthly mortgage principal and interest payments should not exceed 31% of household income." If you are paying
more than this amount then get your mortgage payment reduced to 31% of your gross household income, or less.
If the balance of your private residence mortgage loan is less than $729,250 for your single family homes or
$1,025,000 for your multifamily home then get your mortgage payment reduced to 31% or less of your income.
Just follow the 4 simple steps, below.
IF YOU ARE:
- Facing late mortgage payments;
- Facing high mortgage interest rates;
- Dealing with a loss of income;
- Financially distressed after already receiving a
loan modification;
- Owe more than your home is worth;
- Having trouble working with your current lender;
- In an interest only mortgage contract;
- In an adjustable rate mortgage contract;
- Paying more than your house is worth or;
- Unable to get refinancing;
then this federal program may be for you.
Interactive Service Network
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Use our 4 Step Online Document Processing to bring foreclosures to a screeching halt.
URBAN SOLUTIONS 4 STEP HAMP PROGRAM INSTRUCTIONS
STEP 1
DOWNLOAD YOUR PLANNER WORKSHEETS
Print the worksheets to record your mortgage account information and your household income and expenses.
STEP 2
SUBMIT YOUR WORKSHEET DATA ON LINE
Make sure to record your order conformation number after submitting your forms.
STEP 3
ORDER YOUR HAMP DOCUMENTS
Call 1 (888) 680-0655 to order and your documents will be emailed to you the same business day.
STEP 4
SUBMIT YOUR DOCUMENTS TO YOUR LENDER
Go on line to http://www.makinghomeaffordable.gov to get your lender's registered HAMP contact information.
1 (888) 680-0655