| Making Home Affordable program has the | | | | home. |
| answers about if you can qualify for the HAFA | | | | * Have an unpaid principal balance that is equal to |
| program. Talk to your license real estate | | | | or less than:o 1 Unit: $729,750o 2 Units: $934,200o |
| professional to get information about your local | | | | 3 Units: $1,129,250o 4 Units: $1,403,400 |
| area. | | | | * Have a first lien mortgage that was originated |
| Making Home Affordable offers the following | | | | on or before January 1, 2009. |
| answers: | | | | * Have a monthly mortgage payment (including |
| How do I know if I am eligible for a modification | | | | taxes, insurance, and home owners association |
| under the Home Affordable Modification Program | | | | dues) greater than 31% of your monthly gross |
| (HAMP)? | | | | (pre-tax) income. |
| To apply for a modification under HAMP, you | | | | * Have a mortgage payment that is not |
| must: | | | | affordable due to a financial hardship that can be |
| * Be the owner-occupant of a one- to four-unit | | | | documented. |