HAMP: Home Affordable Modification Program

If you’re not unemployed, but you’re still struggling to make your mortgage payments, you may be eligible for the Home Affordable Modification Program (HAMP). HAMP can lower your monthly mortgage payment to 31 percent of your verified monthly gross (pre-tax) income, which usually provides savings of hundreds of dollars per month.

Making Home Affordable is planning enhancements to the HAMP Program. Detailed information will be available for mortgage servicers in February 2012. The expanded program for homeowners is expected to be available at the earliest in June 2012. We will update this site as more details become available.


You may be eligible for HAMP if you meet all of the following criteria:

  • • You occupy the house as your primary residence.
  • • You obtained your mortgage on or before January 1, 2009.
  • • You have a mortgage payment that is more than 31 percent of your monthly gross (pre-tax) income.
  • • You owe up to $729,750 on your home.
  • • You have a financial hardship and are either delinquent or in danger of falling behind.
  • • You have sufficient, documented income to support the modified payment.
  • • You must not have been convicted within the last 10 years of felony larceny, theft, fraud or forgery, money laundering or tax evasion, in connection with a mortgage or real estate transaction.

If you have additional questions about getting mortgage help, contact Mary Anderson by calling Guidance To Justice Law Firm, Inc @ 425.818.8077 or, you can e-mail us at: mary@guidancetojustice.com OR info@guidancetojustice.com.

Mary Anderson, JD can help you understand your options, design a plan to suit your individual situation, and prepare your application. Research shows that homeowners who work with housing experts like these are more successful and have better long-term outcomes.