Government Refinancing | Home Affordable Refinance Program | Home Affordable Modification Program
Second Lien Modification Program | Home Affordable Foreclosure Alternatives | Hardest Hit Fund

Welcome To GovernmentRefinancing.net!

Hi! My name is Ian and I created this website to share with you five free in-depth articles about government refinancing programs. Homeowners today are facing more challenges than ever before in meeting their monthly obligations. With unemployment facing so many, keeping their mortgage payments current is presenting some real challenges. In addition, many home values are falling meaning that more homeowners are finding themselves "under water".

All is not lost however, and there are options available to you besides walking away from your home or even losing your home to foreclosure. If you want to explore some of the options that are available to you, please review the free government refinance program articles below, designed to keep you in your home! All of the following articles discuss different government refinancing options available to you! I sincerely hope you find them helpful.

Home Affordable Refinancing Program (HARP)

If you are a homeowner who is paying your mortgage on time but are facing challenges refinancing to a reduced interest rate, the HARP government refinance program may be right for you. Declining home values have resulted in a number of homeowners being unable to take advantage of lower rates because the values of their home is less than the outstanding mortgage balance. If you have a FNMA or an FMAC loan, this program may help.

Click the following link to read all about the Home Affordable Refinance Program

Home Affordable Modification Program (HAMP)

For those homeowners who are having difficulty paying their mortgages due to job loss or those who have adjustable rate mortgages which have increased significantly, then HAMP government refinancing program may help. The HAMP can reduce mortgage payments to a level that a homeowner can afford. This program allows lenders and borrowers to work together to keep the homeowner in their home and maintain their mortgage payments.

Click the following link to read all about the Home Affordable Modification Program

Second Lien Modification Program (2MP)

If you have been accepted under HAMP and are still struggling to meet your monthly mortgage payments because you have a second mortgage or lien, the 2MP government refinance program may be able to help. This program is designed to help modify second mortgages after a first is accepted under HAMP. Those homeowners who qualify may find that they can afford their payments once both programs are implemented. This program is designed specifically for 2nd mortgages and the requirements are worked out between borrowers, lenders and servicing companies.

Click the following link to read all about the Second Lien Modification Program

Home Affordable Foreclosure Alternatives (HAFA)

For those homeowners who are unable to make payments even with HAMP, the HAFA government refinancing program is another alternative. Under this program, homeowners who feel they cannot afford to stay in their homes but wish to avoid the stigma associated with foreclosure may find this program is best for them. This program allows the borrower to offer deed in lieu of foreclosure or to work with their lenders on a short sale. The program also may provide relocation funds for qualified homeowners.

Click the following link to read all about the Home Affordable Foreclosure Alternatives

Hardest Hit Fund (HHF)

This program is designed to help those homeowners that reside in specific states that have been devastated by the financial crisis both in terms of employment and the housing market crisis. If you live in one of the ten states that are part of this program, the Housing Finance agency in your state has specific programs that may provide you with assistance.

Click the following link to read all about the Hardest Hit Fund

Government Refinancing Programs Summary

Homeowners who are faced with declining home values, loss of income due to unemployment or under-employment do not have to face losing their homes alone. There are several government refinancing programs which may help you. After reading the articles on this site, I also recommend checking out Government Refinance dot com for additional government mortgage refinancing information.