An increasing number of homeowners are choosing to contact fixmybadhomeloan.org for assistance with their loan modification questions. In fact we have been providing advice on how to stop foreclosure in Arizona for quite some time now, and more recently have been providing assistance to families all over the country.

Many homeowners are coming to us because they have questions or are having problems with their mortgage servicers. So, we wanted to list the qualifications here and state the facts. The Making Home Affordable program is extremely new, and no doubt there are constant changes taking place, so please make sure you stay updated.

It is important to realize is that not everyone will qualify for the Making Home Affordable Program and you need to get educated on the process in order to understand the type of help you can receive. First you need to know the type of loan you have, and who owns your mortgage. Then you need to have a good idea of where your personal finances are at, with regard to expenses, and income.

Who is your lender and are they participating?

Here is a list of lenders, phone numbers and websites of lenders that are participating in the Making Home Affordable Program.

• American Home Mortgage Servicing, Inc. www.ahmsi3.com (877) 304-3100
• Aurora Loan Services LLC https://myauroraloan.com/ (800) 550-0508
• Bank of America, N.A. www.bankofamerica.com/mha/ (800) 846-2222
• Bayview Loan Servicing, LLC www.bayviewloanservicing.com (800) 457-5105
• CCO Mortgage www.ccomortgage.com (800) 234-6006
• Carrington Mortgage Services, LLC www.carringtonms.com (888) 267-2417
• CitiMortgage, Inc. www.mortgagehelp.citi.com (866) 915-9417
• Citizens First Wholesale Mortgage Co. https://www.cfwmortgage.com/ (800) 477-1086
• Countrywide Home Loans Servicing LP http://my.countrywide.com/media/hasp.html (800) 669-6607
• EMC Mortgage Corporation http://www.emcmortgagecorp.com (800) 723-3004
• Farmers State Bank https://farmersstate-oh.com (800) 350-2844
• First Bank http://www.firstbanks.com (800) 760-2265
• First Federal Savings and Loan https://www.ourfirstfed.com/home/home (800) 800-1577
• GMAC Mortgage LLC www.gmacmortgage.com (800) 766-4622
• Green Tree Servicing LLC www.gtservicing.com (800) 643-0202
• HomEq Servicing www.homeq.com (877) 867-7378
• Home Loan Services, Inc. www.viewmyloan.com 1-800-622-5035
• IBM Southeast Employees Federal Credit Union www.ibmsecu.org (800) 873-5100
• J.P. Morgan Chase Bank, NA www.jpmorganchase.com (877) 682-4273
• Lake City Bank www.lakecitybank.com (888) 522-2265
• Lake National Bank www.lakenationalbank.com (440) 205-8100
• Littion Loan Servicing www.littonloan.com (800) 247-9727
• Mission Federal Credit Union www.missionfcu.org (800) 500-6328
• MorEquity, Inc. www.morequity.com (800) 628-9324
• Mortgage Center, LLC www.mortgagecuso.com (866) 856-3750
• National City Bank www.nationalcitymortgage.com (800) 523-8654
• Nationstar Mortgage LLC www.nationstarmtg.com (888) 850-9398
• Oakland Municipal Credit Union www.omcu.com (510) 637-6600
• Ocwen Financial Corporation, Inc. www.ocwen.com (800) 746-2936
• PennyMac Loan Services, LLC www.pnmac.com/index.php (866) 545-9070
• PNC Bank, National Association www.pnc.com (888) 762-2265
• Purdue Employees Federal Credit Union www.purdeefcu.com (800) 627-3328
• RG Mortgage Corporation www.rgmortgage.com/mortgage (888) 264-4674
• Residential Credit Solutions https://www.residentialcredit.com/default.aspx (800) 737-1192
• Saxon Mortgage Services www.saxononline.com (800) 594-8422
• Select Portfolio Servicing www.spservicing.com (888) 818-6032
• Servis One Inc.,dba BSI Financial Services, Inc www.bsifinancial.com (800) 327-7861
• ShoreBank www.sbk.com (800) 905-7725
• Technology Credit Union www.techcu.com (800) 553-0880
• Wachovia Mortgage, FSB www.wachovia.com (800) 922-4684
• Wachovia Bank, NA www.wachovia.com (800) 922-4684
• Wells Fargo Bank, NA www.wellsfargo.com/homeassist (800) 678-7986
• Wescom Central Credit Union www.wescom.org (888) 493-7266
• Wilshire Credit Corporation https://www.wcc.ml.com (888) 502-0100
  1. Be the owner and occupant of a one to four unit home.
  2. Have an unpaid principal balance that is equal to or less than:
  1. Do you have a first lien mortgage that was originated on or before January 1, 2009?
  2. Do you have a monthly mortgage payment (including taxes, insurance, and home owners association dues) greater than 31 percent of your monthly gross (pre-tax) income?
  3. Do you have a mortgage payment that is not affordable due to a financial hardship that can be documented?

Yes, my lender is participating.. Do I Qualify for refinancing or Loan Modification through HARP, or HAMP?

If your lender is participating in the Making Home Affordable Program, then in order to qualify for a loan modification under HAMP, you must:

• 1 Unit: $729,750
• 2 Units: $934,200
• 3 Units: $1,129,250
• 4 Units: $1,403,400

If you meet the above requirements, then proceed to check your loan for these items:

If you answered YES to all of these questions, then you may be eligible for a loan modification under HAMP. But only your servicer will be able to tell you if you qualify and please remember that this is a voluntary program for them.

If you are unsure, have any questions, or perhaps would just feel more comfortable having on of our experts review your specific situation then think about taking the time to complete our free evaluation.

Related Articles:

1. Making Home Affordable – The Obama Administration’s Solution To Stop Foreclosures