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HOPE LoanPort® helps homeowners get a faster answer, via a housing counselor, on whether or not they qualify for a modification loan. It addresses some of the hurdles borrowers face when seeking a modification. Though over thousands of borrowers are currently in the trial HAMP modification process, many have not submitted all the required documentation to make that modification final.
HOPE LoanPort® portal allows counselors to help with the collection of necessary documents from homeowners, upload the completed package directly to servicers and track the status of a borrower's application.
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Seeking Assistance with a Free Counselor? |
The HOPE LoanPort® Alliance includes a number of counseling organizations, which consists of all HUD intermediaries that have offices across the United States. The organizations play a key role in the success of HOPE LoanPort®, providing borrowers in-depth debt management, credit counseling and overall foreclosure counseling. |
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The Making Home Affordable Program is part of the President's broad, comprehensive strategy to get the economy back on track.The plan will |
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help up to 7 to 9 million families restructure or refinance their mortgages to avoid foreclosure. The plan can help responsible homeowners who are at risk of default or are facing foreclosure. |
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