The federal government's new Home Affordable Modification program offers relief to borrowers struggling to pay their mortgage. Homeowners who are eligible for this program may see their monthly mortgage payment drop to as low as 31 percent of their gross (pretax) monthly income.To find out if you qualify, answer the following questions.Home Affordable Modification quiz advertisementRelated Links:See home values in your stateNew appraisal may save second-home dreamMortgage rates climb for third weekRelated Articles:Qualify for mortgage help?Mortgage BasicsShould you refinance?
The federal government's new Home Affordable Modification program offers relief to borrowers struggling to pay their mortgage. Homeowners who are eligible for this program may see their monthly mortgage payment drop to as low as 31 percent of their gross (pretax) monthly income.
To find out if you qualify, answer the following questions.
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