This package is designed to assist homeowners to obtain a loan modification under the Home Affordable Modification Program (HAMP). Including in this package are the following forms:
1. Request for Loan Modification and Affidavit RMA Under Home Affordable Modification Program HAMP
2. Instructions for Completing Request for Loan Modification and Affidavit RMA Form
3. IRS Form 4506-EZ Short Form Request for Individual Tax Return Transcript
4. Instructions for Completing IRS Form 4506T-EZ
5. How to Request a Home Affordable Modification Guide
Purchase of this package is a savings of nearly 30% compared to purchase of the forms individually!
Nassau New York CAMP Loan Modification Package is a program designed to help to struggle homeowners in Nassau County modify their mortgage loans to make them more affordable. CAMP stands for Home Affordable Modification Program, which was established by the federal government to assist homeowners facing financial hardship and potential foreclosure. The Nassau New York CAMP Loan Modification Package provides a comprehensive solution for homeowners seeking to lower their monthly mortgage payments, avoid foreclosure, and ultimately stay in their homes. This package includes a range of options and benefits tailored to meet the individual needs of homeowners in Nassau County. The specific types of Nassau New York CAMP Loan Modification Packages may vary depending on the homeowner's financial situation and eligibility criteria. Here are some key variations: 1. Nassau New York CAMP Tier 1 Modification Package: This type of loan modification package is for borrowers who meet the initial criteria of CAMP, including being the owner-occupant of the property and having a mortgage originated on or before January 1, 2009. It aims to reduce the homeowner's monthly mortgage payment to an affordable level based on their income. 2. Nassau New York CAMP Tier 2 Modification Package: This option is available for borrowers who do not qualify for Tier 1 modification but are still struggling to make their mortgage payments. It provides a more flexible set of guidelines to modify the loan terms and help homeowners achieve affordable payments. 3. Nassau New York Principal Reduction Alternative (PRA) Modification Package: This type of loan modification is specifically targeted at homeowners who owe more on their mortgage than the current market value of their home. It aims to reduce the principal balance of the loan, making it more affordable and sustainable for homeowners. 4. Nassau New York Second Lien Modification Program (2MP) Package: For homeowners who have a second mortgage or home equity loan in addition to their primary mortgage, this program offers the opportunity to modify both loans simultaneously, helping to alleviate the burden of multiple loan payments. In order to apply for any of these Nassau New York CAMP Loan Modification Packages, homeowners will need to provide detailed financial information, including proof of income, assets, and expenses, along with a hardship letter explaining the circumstances that made it difficult for them to pay their mortgage. It is highly recommended seeking professional assistance from housing counselors or loan modification experts to navigate through the application process successfully.Nassau New York CAMP Loan Modification Package is a program designed to help to struggle homeowners in Nassau County modify their mortgage loans to make them more affordable. CAMP stands for Home Affordable Modification Program, which was established by the federal government to assist homeowners facing financial hardship and potential foreclosure. The Nassau New York CAMP Loan Modification Package provides a comprehensive solution for homeowners seeking to lower their monthly mortgage payments, avoid foreclosure, and ultimately stay in their homes. This package includes a range of options and benefits tailored to meet the individual needs of homeowners in Nassau County. The specific types of Nassau New York CAMP Loan Modification Packages may vary depending on the homeowner's financial situation and eligibility criteria. Here are some key variations: 1. Nassau New York CAMP Tier 1 Modification Package: This type of loan modification package is for borrowers who meet the initial criteria of CAMP, including being the owner-occupant of the property and having a mortgage originated on or before January 1, 2009. It aims to reduce the homeowner's monthly mortgage payment to an affordable level based on their income. 2. Nassau New York CAMP Tier 2 Modification Package: This option is available for borrowers who do not qualify for Tier 1 modification but are still struggling to make their mortgage payments. It provides a more flexible set of guidelines to modify the loan terms and help homeowners achieve affordable payments. 3. Nassau New York Principal Reduction Alternative (PRA) Modification Package: This type of loan modification is specifically targeted at homeowners who owe more on their mortgage than the current market value of their home. It aims to reduce the principal balance of the loan, making it more affordable and sustainable for homeowners. 4. Nassau New York Second Lien Modification Program (2MP) Package: For homeowners who have a second mortgage or home equity loan in addition to their primary mortgage, this program offers the opportunity to modify both loans simultaneously, helping to alleviate the burden of multiple loan payments. In order to apply for any of these Nassau New York CAMP Loan Modification Packages, homeowners will need to provide detailed financial information, including proof of income, assets, and expenses, along with a hardship letter explaining the circumstances that made it difficult for them to pay their mortgage. It is highly recommended seeking professional assistance from housing counselors or loan modification experts to navigate through the application process successfully.
