For individuals who find themselves behind in their mortgage payments or facing foreclosure, there is the HUD Making Home Affordable program. This government program modifies existing loans and provides other assistance for homeowners who are struggling with mortgage payments for a variety of reasons. Attorney Kevin Fox and his firm can help individuals apply for and reap the benefits of this program. 

A leading attorney in helping homeowners avoid foreclosure, Kevin Fox is devoted to providing his clients with high-quality customer service and answering any questions they may have about the program. The legal experts at HUD Making Home Affordable can help homeowners who are behind on their payments or pending for foreclosure successfully apply for a loan modification or other options to help keep their payments under control and keep them in their home. After the breadth of the housing crisis became apparent in 2009, the Financial Stability Act of 2009 created the Making Home Affordable Program, which is administered by the U.S. Department of Housing and Urban Development the Department of the Treasury. 

HUD Making Home Affordable assists homeowners in several ways. A loan modification can offer lower interest rates, term extensions, and lower payments. Refinancing can help qualifying homeowners take advantage of today’s lower interest rates. An unemployment program can reduce or suspend mortgage payments until the homeowner can find a new job. Making Home Affordable foreclosure alternatives allow homeowners to exit their mortgages gracefully, without the stigma of foreclosure on their credit records. 

In addition to the HUD Making Home Affordable program, Kevin Fox and his team can also service applications for a variety of other programs as well. For new and potential homeowners with poor credit, Mr. Fox provides clients the resources needed to apply for an FHA loan. FHA loans are insured by the Federal Housing Administration and are easy to apply for. They require a down payment of only three percent, making them both affordable and manageable. 

Kevin T. Fox always reminds his clients that, although the government provides assistance for Making Home Affordable at no cost, lenders may charge a fee for refinancing and loan modifications. For more information about HUD Making Home Affordable and the other options offered by Kevin Fox, visit www.hud-makinghomeaffordable.us, call (800) 385-0478, or fax (800) 385-0479.