It’s not theoretically impossible to refinance under HARP after a HAMP modification. However, it may depend upon the terms of the modification, such as whether or not the loan modification included principal forgiveness or deferment, and other factors.

What is HAMP? HAMP was a government-backed program designed to help struggling homeowners with conventional loans owned by Fannie Mae or Freddie Mac who were at risk of foreclosure, by offering them a chance to receive lower monthly mortgage payments. HAMP expired on Dec. 30, 2016.

The HAMP Act imposes obligations of confidentiality on medical officers and other staff involved in care of prisoners living with HIV, being “a person is providing an HIV testing, treatment, care, counselling, or associated health care service” (Section 18).

The goal of a loan modification is to help a homeowner catch up on missed mortgage payments and avoid foreclosure. If your servicer or lender agrees to a mortgage loan modification, it may result in lowering your monthly payment, extending or shortening your loan’s term, or decreasing the interest rate you pay.

What is the Streamlined Modification Initiative? The Streamlined Modification Initiative was designed with the purpose of helping to assist more borrowers and homeowners who have mortgages which are either owned or guaranteed by Fannie Mae or Freddie Mac to maintain their homeownership.

HAMP works by encouraging participating mortgage servicers to modify mortgages so struggling homeowners can have lower monthly payments and avoid foreclosure. It has specific eligibility requirements for homeowners and includes strict guidelines for servicers.

Voluntary Counselling and Testing (VCT) is an important component of any HIV/AIDS control and prevention activities. VCT makes people aware of their HIV serostatus and enables early identification of those who need care. It is an important link to HIV care and support.

FHA-Home Affordable Modification Program (FHA-HAMP) Allows homeowners to modify their FHA-insured mortgages to reduce monthly mortgage payments and avoid foreclosure.

One potential downside to a loan modification: It may be added to your credit report and could negatively impact your credit score. The resulting credit dip won’t be nearly as negative as a foreclosure but could affect your ability to qualify for other loans for a time.

Streamline Your FHA Mortgage. Streamline refinance refers to the refinance of an existing FHA-insured mortgage requiring limited borrower credit documentation and underwriting. Streamline refinances are available under credit qualifying and non-credit qualifying options.

Some of the most common types of hardship are: job loss, pay reduction, underemployment, declining business revenue, death of a coborrower, illness, injury, and divorce.

Yes, you can sell your house as soon as the permanent loan modification is in effect. Your lender can’t prevent you from selling your house after a permanent loan modification. However, there may be a prepayment penalty attached to the loan modification.