The President's Plan was created to help millions of homeowners refinance or modify their mortgages to a payment that is affordable, both now and in the future. 

Home Affordable Refinance: Many homeowners pay their mortgages on time but are not able to refinance to take advantage of today's lower mortgage rates, perhaps due to a decrease in the value of their home. The Home Affordable Refinance will help borrowers whose loans are held by Fannie Mae refinance into a more affordable mortgage.

Home Affordable Modification: Many homeowners are struggling to make their monthly mortgage payments either because their interest rate has increased or they have less income. The Home Affordable Modification will provide them with mortgage payments they can afford.

For more information, go to the U.S. Department of Treasury web site, MakingHomeAffordable.gov after you read through the rest of this page.

Act Now to Prevent Foreclosure

If you have missed any home mortgage payments ... if you are about to miss a payment due to hardship ... or if your loan already has been referred to an attorney -- please call your mortgage servicer immediately. The telephone number is on your mortgage bill or coupon book. 

Your mortgage servicer has a variety of options for many qualified borrowers to modify their mortgages to lower their monthly payments and avoid foreclosure.

You can also call Fannie Mae at 1-800-7FANNIE. If we have your mortgage, we can help you get in touch with your mortgage servicer to get the assistance you need.

Counseling and Information

If you need advice, you can call your local homeowner or financial counseling agency, or the Homeowner's HOPE™ Hotline at 1-888-995-HOPE. Experienced counselors can help you develop the best plan for your situation. This counseling is free. Other resources are available on our related links page.

President's Homeowner Affordability and Stability Plan

Homeownership Preservation Foundation

HOPE NOW

National Foundation for Credit Counseling 

NeighborWorks America

HUD--Tips for Avoiding Foreclosure

Downloadable Documents 

Avoiding Foreclosure (English)

Avoiding Foreclosure (Español)

Escrow Accounts Provide You with Peace of Mind (English) 

Escrow Accounts Provide You with Peace of Mind (Español)

Making Home Affordable Fact Sheet

Making Home Affordable Guidelines

Home Affordable Modification 

Home Affordable Refinance

Home Affordable Modification 

Home Affordable Refinance

Before you call your mortgage servicer or homeownership counselor for help, it would be helpful to gather the following information to facilitate your discussion:

• letters or communications from your lender
• foreclosure notices
• recent mortgage statements showing your loan number
• homeowner's insurance policy
• last two pay stubs and most recent tax return for all borrowers named on the mortgage
• proof of other income, such as child support, alimony, Social Security, or pension
• bank account statements
• a list of major monthly bills, including child care, utilities, credit cards, and cell phone. 

The information above is on this site as a Public Service.  I will not earn anything except knowing I have tried to help my fellow man in his time of need.  Unfortunately, not everyone will qualify for this loan program.  However, mortgage rates are at all time lows, so please check into refinancing.

You can help me by reading the paragraph below and completing a short, simple form. 

This site will connect you with Lenders licensed in your state.  It's FREE, it's Fast, it's For Real.  LoanApp has been around for over 12 years, so you know your information is safe and secure.  Thanks, Burt Jamison.