Jul
31
Eligibility Criteria for HAMP Loan Modification Program
31-07-2010
Tagged Under : Hamp Loan, Hamp Loan Modification, Loan Modification, Program
Eligibility Criteria for HAMP Loan Modification Program
Posted on July 26, 2010. Filed under: Uncategorized | Tags: loan modification, HAMP, loan modification criteria |
The Obama loan modification program was designed to help millions of homeowners who were affected in recession. Obama has allocated $75 billion in funding for the homeowners to shun foreclosure of their homes. Loan modification plan allows getting a reduction in the interest rate and the principal amount of the loan.
Among the different home loan modification plan, HARP federal home affordable refinance is one among them.