Home Assistance Modification Program: Make Your Home Affordable
The government offers a home assistance modification program called HAMP. The purpose of this program is to help struggling homeowners stay in their homes by changing, or modifying, the terms of their original mortgages to make them easier to handle. The FHA (Federal Housing Administration) has similar offerings that provide down payment assistance for homebuyers. The following will delve into each of these services so both homeowners and prospective buyers will know how they both work.
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