The Making Home Affordable © (MHA) Program is a substantial part of the Obama Administration’s broad approach to help homeowners avoid foreclosure, steady our country’s housing market, and improve our nation’s economy.
Homeowners can lower their monthly mortgage payments and get into more secure loans at today’s lower interest rates. And for those homeowners for whom homeownership is no longer affordable or advantageous, this program can provide a way out which avoids foreclosure.
Additionally, in an effort to be receptive to the needs of today’s homeowners, there are also options for homeowners who are unemployed and homeowners who owe more than their homes are worth.
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