In response to constituent requests for mortgage assistance, Congress approved funding for HUD approved counselors to provide you with the information and assistance you need to avoid foreclosure. As part of the President Homeowner Affordability and Stability Plan (HASP), you may also be eligible for the Making Home Affordable Program, a loan modification and refinancing program to help you reduce your monthly payments and keep your home. To find out if you qualify for HUD approved counseling, the Making Home Affordable Program or to access other resources provided by HUD please click here to visit their website. You can also contact HUD by calling (202) 708-1112.
About the Making Home Affordable Program
The Making Home Affordable Program gives up to 4 to 5 million
homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac
an opportunity to refinance into more affordable monthly payments. The
Home Affordable Modification Program commits $75 billion to keep up to
3 to 4 million Americans in their homes by preventing avoidable
foreclosures. For more information about the Making Home Affordable
program please visit their website at www.MakingHomeAffordable.gov.
The website provides homeowners with detailed information about this
program along with self-assessment tools and calculators to empower
borrowers with the resources they need to determine whether they might
be eligible for a modification or a refinance under the
Administration's program. Through this website, borrowers can also
connect with free counseling resources to help with outstanding
questions; locate homeowner events in their communities; find a handy
checklist of key documents and materials to have ready when making that
important call to their servicer as well as FAQs from borrowers in
similar circumstances; and much more.
Additional Help
Also, for additional financial help please visit The Washington State Department of Financial Institutions by clicking here. The Washington State Department of Financial Institutions (DFI) regulates and examines a variety of state chartered financial services and provides a wide range of helpful resources for individuals in need of financial support. The Department also provides education and outreach to protect consumers from financial fraud.
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