The more you know, the more certain your success will be.
Congratulations. You are one of the more than 1.8 million families that Making Home Affordable (MHA) programs have helped.
Know and understand the terms of your modification.
It is important that you know and understand the terms of your modification. For example, did you know that interest rates for some Home Affordable Modification ProgramSM (HAMP®) modification recipients will increase by up to 1% each year after the fifth year of their modification up to a cap? You should also understand the benefits of being current on your payments and plan ahead to improve your financial health.
Please explore each of the following topics to fully understand your HAMP modification.