Miami Loan Modification Lawyers
If you are a homeowner struggling with an upside-down mortgage or threatened with foreclosure, you may wonder if HAMP can help you. At the Law Offices of Daryl L. Jones, we are well-versed in this program. Our Miami loan modification lawyers can review your situation and determine if this program is right for you. Our goal is to keep you in your home.
The Home Affordable Modification Program (HAMP) is part of the Making Home Affordable (MHA) initiative, created as part of the Financial Stability Act (FSA) of 2009. This program was created to give lenders an incentive to agree to loan modification, and to provide guidelines for lenders to take into account when evaluating loan modification requests.
HAMP Is Not The Only Option
There is no requirement that you use HAMP to modify your loan. Our attorneys frequently work directly with banks to obtain loan modifications. We show the bank that modifying your loan is a win-win proposition. You win because you stay in your home. The bank wins because it gets to keep a good client. This is not always an easy task, but we have many years of experience working with financial institutions and achieving positive outcomes.