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!
Missouri CAMP Loan Modification Package is a program designed to assist homeowners in Missouri who are facing financial hardship to modify their mortgages and avoid foreclosure. The Missouri Home Affordable Modification Program (CAMP) aims to provide affordable and sustainable mortgage payments for struggling homeowners. Key Features: 1. Eligibility: Homeowners who are struggling to pay their mortgage, experiencing a financial hardship, and have a loan originated before January 1, 2009, may be eligible for the Missouri CAMP Loan Modification Program. 2. Lower Monthly Payments: The program offers a reduction in monthly mortgage payments, making them more affordable for homeowners. 3. Interest Rate Reduction: The interest rates on the mortgage may be lowered to provide additional affordability. 4. Loan Term Extension: The loan term can be extended to create a longer repayment period, resulting in reduced monthly payments. 5. Principal Forbearance: In some cases, a portion of the principal balance may be deferred to the end of the loan term, reducing immediate financial burden. 6. Streamlined Process: The Missouri CAMP Loan Modification Package aims to simplify the process for homeowners by providing clear guidelines and requirements. 7. Loan Counseling: Homeowners are provided with access to housing counseling agencies approved by the U.S. Department of Housing and Urban Development (HUD) to guide them through the application process and provide financial advice. Types of Missouri CAMP Loan Modification Packages: 1. Missouri CAMP Tier 1: This program provides assistance to homeowners who meet the standard eligibility criteria and require a modification to make their mortgage payments more affordable. 2. Missouri CAMP Tier 2: Designed for homeowners who do not qualify for Tier 1, this program offers alternative options for loan modification based on individual financial circumstances. The Missouri CAMP Loan Modification Package aims to offer a lifeline to struggling homeowners in Missouri, providing them with the opportunity to retain their homes and achieve long-term financial stability.
