Making Home Affordable Explained

making home affordable

If you’ve tried negotiating with your mortgage lender, have adjusted your budget, and done everything in your power to pay your house note, but have still come up short – it may be time to seek government assistance. Part of President Barack Obama’s $75 billion mortgage rescue plan is aimed at helping people avoid foreclosure […]

Is The Making Home Affordable Program Right For You?

A house is depicted sitting on top of a large red and white life preserver floating in water, symbolizing the Making Home Affordable program's dedication to keeping homes afloat during challenging times.

Editor’s note: For the most current information about the Home Affordable Refinance Program (HARP) visit MakingHomeAffordable.gov. If you are a homeowner in good standing with your mortgage, but you can’t seem to get refinancing because your home has lost equity in this declining economy, you might instead qualify to refinance your mortgage to something more […]