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  2. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    FHA loan modification: There are a few options for an FHA loan modification, including an interest-free loan for up to 30 percent of your balance or a 40-year loan extension.

  3. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    If you have a government-backed loan like an FHA, VA or USDA loan, those programs have separate loan modification options you can pursue. Some of the eligibility requirements for the program ...

  4. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    The program was built as collaboration with banks, services, credit unions, the FHA, the VA, the USDA and the Federal Housing Finance Agency, to create standard loan modification guidelines for lenders to take into consideration when evaluating a borrower for a potential loan modification. Over 110 major lenders have already signed onto the ...

  5. FHA loans: Definition, requirements and limits - AOL

    www.aol.com/finance/fha-loans-134807555.html

    Basic home mortgage loan or 203(b) loan: The 203(b) loan is the FHA’s main home loan program for buying a home or refinancing. These loans come with fixed and adjustable-rate options, as well as ...

  6. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  7. Guide to refinancing an FHA loan to a conventional loan - AOL

    www.aol.com/finance/guide-refinancing-fha-loan...

    Conventional loans also have higher loan limits, so you can take out a larger amount compared to an FHA loan. The 2024 FHA mortgage limit for single-unit properties is $498,257, a fraction of the ...

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