Loan Mod, Making Home Affordable, Obama Plan

The US Treasury and Obama’s Making Home Affordable (MHA Plan)

 

On March 4, 2009, the Making Home Affordable Modification Guidelines were released for modification of First Leins.

 

Modification Payment Evaluator for MHA Workout --This handy calculator gives an estimate of your new payment with a Home Affordable Modification.

 

Modification Eligability for MHA Workout – Answer these five questions to determine if you are eligible for a Home Affordable Modification.  If you are not eligible, other programs may be available.

 

On April 28, 2009, the second leins through financial incentives from the US Treasury.  Details are found on the fact sheet for the Second Lein Program.

 

Hope for Homeowners (H4H) – Program designed to assist borrowers at risk of default or foreclosure in refinancing to an affordable 30-year fixed rate FHA loan.  The program is effective October 1, 2025 and will conclude on September 20, 2011.

 

Check the CA Real Estate License Status page to search for the licensee by name or number.  Also, don’t give a licensed real estate person any advance fee unless you have signed an Advance Fee Agreement and you have verified they are listed on the Dept of Real Estate, Advance Fee Listing page. These two steps will help to ensure that you are working with a licensed person who is regulated by the Dept of Real Estate.  


Jason Ian Hector doing business as Action Investments is a licensed Real Estate Broker--California Dept of Real Estate (Lic. # 01481898) and has received a “no objection” letter from the California Department of Real Estate and may collect an advance fee for loan modification services.

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Action Investments, Real Estate Broker, California Department of Real Estate License #01481898
• Northridge, CA 91326
Office: (818) 626-6469 • Cell: (818) 357-9658
Fax: (866) 791-3290

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