Home Affordable Foreclosure Alternatives Program … Are You Eligible?
The Home Affordable Foreclosure Alternatives (HAFA) Program is the government’s newest tool to help homeowners avoid foreclosure. HAFA provides incentives for lenders and homeowners to carry out a short sale or deed-in-lieu of foreclosure.
Are you eligible? Take this short survey to find out:
|1. Is your loan owned or guaranteed by Fannie Mae or Freddie Mac?||
|2. Is the property your principle residence?||
|3. Is the mortgage a “first lien mortgage” originated on or before January 1, 2009?||
|4. Is your mortgage delinquent, or is default (missed payments) reasonably foreseeable?||
|5. Is your current unpaid principal balance equal to or less than $729,750?||
Enter your information below and click “SUBMIT” to find out if you are eligible.*
|*Denotes required fields.|
*Information in this survey sourced from Supplemental Directive 09-09 Revised, which is available at:https://www.hmpadmin.com/portal/docs/hafa/sd0909r.pdf.
How to Recognize a Mortgage Scam
You might be a victim of a scam if:
- You are told you will get a federal incentive to walk away from your mortgage
- You are asked to pay upfront for counseling
- You are pressured to sign papers immediately
- You are asked to sign your house over to a company or person who is not working with your mortgage company
- You are asked to make a mortgage payment to someone other than your mortgage company without their approval
- You are guaranteed a successful short sale or mortgage modification
- They claim to be a representative of the federal government
If you believe that you are a victim of a scam, you should contact the Federal Trade Commission (FTC) at 1-877-FTC-HELP (1-877-382-4357) or visit their Complaint Assistant https://www.ftccomplaintassistant.gov.
The information provided in this webpage is based on government documents, which are subject to change. Therefore, The Real Estate Market Watch, LLC, and it’s agents, cannot be held responsible for the accuracy of the information provided here. This survey can help you determine the likelihood of your eligibility, but only the servicer of your loan can tell you if you qualify.