If you're
not unemployed, but you're still struggling to make your mortgage payments, you may be eligible for the
Home Affordable Modification Program (HAMP). HAMP can lower your monthly mortgage payment to 31 percent of your verified monthly gross (pre-tax) income, which usually provides savings of hundreds of dollars per month.
Making Home Affordable is planning enhancements to the HAMP Program. Detailed information will be available for mortgage servicers in February 2012. The expanded program for homeowners is expected to be available in May 2012. We will update this site as more details become available.
Please refer to our homeowner Q&A document or call 888-995-HOPE (4673) to speak with a housing expert.
http://www.realtor.org/