All Things Avoiding Foreclosure Help

The Most Important Thing Is To
Realize That You Have Options
And Not Give Up Hope!

Nearly one in 10 American households with a mortgage are behind on their payments, according the Mortgage Bankers Association.

In February 2009, the Obama Administration introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis to get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure.

The Home Affordable Modification Program provides eligible homeowners the opportunity to modify their mortgages to make them more affordable. Over one million homeowners have already gotten help under the program. The program is on track to offer help to 3 to 4 million homeowners by 2012.

The US Housing Department and Urban Development released a housing report about how the Home Affordable Mortgage Program has helped almost 400,000 homeowners with a permanent home loan modification since April of 2009. With the government run refinancing mortgage loan program, the 346,000 that have completed the modification process with a permanent status save on average over $500 per month on their mortgage payments.

The Home Affordable Refinance Program gives homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac an opportunity to refinance into more affordable monthly payments.

To determine if you may be helped take this simple test. Using our Percent Calculator - input your gross monthly income - the total amount of money you receive each month from all sources before taxes. Then multiple that amount by 31%. The amount you get will be the amount you pay if you qualify for a Mortgage Modification. If this amount is less than the amount you are currently paying then Loan Modification can help you.

If you can no longer afford to stay in your home but want to avoid foreclosure, The Home Affordable Foreclosure Alternatives Program provides ways to avoid foreclosure and transition to more affordable housing through a Short Sale or Deed-in-Lieu of Foreclosure.

The Second Lien Modification Program (2MP) offers homeowners a way to modify their second mortgages to make them more affordable when their first mortgage is modified under the Home Affordable Modification Program.

Even if your loan isn't backed by Fannie Mae or Freddie Mac or you do not qualify for a specific government program most lenders are now offering their own versions of Mortgage Modification and Short Sale programs.

To Find Out More or Get Help You Can:

  1. Fill out our Avoid Foreclosure Help Inquiry Form
  2. Call us at 508-348-1435 for a free 1/2 consultation.
  3. Download our Respresentation Agreement, sign and return to us.

To learn more about Avoiding Foreclosure click on one of the links below:

Avoid Foreclosure Help

Avoid Foreclosure Help Inquiry Form

Avoiding Foreclosure Help: The Home Affordable Foreclosure Alternative Program

Avoiding Foreclosure Help: Deed in Lieu of Foreclosure

Avoid Foreclosure News

Avoid Foreclosure Relief - Small Steps Can Make a Big Difference

Understanding Robo-Signing, Part I

Understanding Robo-Signing, Part II

Understanding Robo-Signing, Part III

All Things Loan Modification

Loan Modification: How It Works

Loan Modification Under HAMP, Part I

Loan Modification Under HAMP, Part II

Loan Modification Under HARP, Part I

Loan Modification Under HARP, Part II

Loan Modification Our Services

Loan Modification Respresentation Agreement

Your Debt to Income Ratio Calculator

Short Sale Help, Part I

Short Sale Help, Part II

Short Sale Help, Part III

Short Sales Help FAQ, Part I

Short Sales Help FAQ, Part II

Short Sales Help FAQ, Part III

Short Sales: Our Services

For more information about other conflict resolution topics, click on any of the links below.

Aging Parents and Conflict Resolution

All Things ADR

All Things Arbitration

All Things Avoiding Foreclosure

All Things Conflict Resolution

About Us page.

Collaborative Divorce page.

All Things Mediation.

All Things Negotiation

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