It wasn't so long ago that Hubby and I were on our journey to purchase our first home. We were young with a tight budget and not as much income as we'd like. Chica was about a year old, and we wanted to give her permanency.
We wanted to give her home.
But it didn't take long to realize the journey to owning a home was long and arduous. We had an amazing realtor and a Dream Home List. But, finding the right home in the right area in the right price range was a process. And while we came across a lot of great home, and put in really great offers, we were rejected again and again. The competition was fierce, and we just didn't have the downpayment and income to make us strong candidates.
While we went on to find a great house and enter the great responsibility of home ownership, it was not easy. I wish that we had been given better resources to guide us along.
I wish we had Making Home Affordable.
Making Home Affordable® (MHA) program provides free resources and assistance for distressed homeowners who are working hard at juggling expenses to makes ends meet. Many of these homeowners may be unaware that MHA has expanded its options, and may have a solution available to address their particular financial situation. Moreover, the Hardest Hit Fund (HHF) – available in 18 states and the District of Columbia -- also helps real people get back on their feet and on the road to financial stability in states hit hard by the economic and housing downturn.
Across the country, more than 1.5 million families have already benefited from MHA. Through the Home Affordable Modification Program (HAMP), homeowners have been able to reduce their monthly mortgage payments by approximately $500 each month. That’s real payment relief.
Homeowners across the U.S. need to know help is available now at MakingHomeAffordable.gov. Here are some real life testimonials from people who have found help using the MHA resources:
Through the Federal Making Home Affordable program, many homeowners have received much-needed help to reduce their monthly payments, get mortgage relief, and avoid foreclosure. Homeowners who are struggling to make mortgage payments can call 888-995-HOPE or visit MakingHomeAffordable.gov for free resources and information to help them with their mortgage problems and avoid foreclosure.
By calling 888-995-HOPE, homeowners can speak with a housing expert at a HUD-approved counseling agency at no cost, 24 hours a day, 7 days a week and identify potential solutions based on their individual circumstances.
Learn more about the Home Affordable Modification Program (HAMP) and Hardest Hit Fund (HHF).