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Home Affordable Modification Program (HAMP)

Hamp Loan Modification

by Eric Baskett October 8, 2011 Home Affordable Modification Program (HAMP)

Home Affordable Modification Program (HAMP) If you are having a tough time making your mortgage payments for reasons not related to unemployment, you may qualify for HAMP. HAMP lowers your monthly mortgage payment to 31 percent of your verified monthly gross (pre-tax) income to make your payments more affordable. The typical HAMP modification results in [...]

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