Home Purchase Mortgage Calculators
Mortgage Program Calculators
We provide an overview of the FHA-2LP program on FREEandCLEAR for informational purposes but the program expired on December 31, 2013. The government's other Making Home Affordable (MHA) programs for distressed borrowers were extended through the end of 2016. Programs that may be relevant to your question include the Home Affordable Modification Program (HAMP) for borrowers struggling to make the payment on their first mortgages as well as the Second Lien Modification Program (2MP). 2MP is intended to modify second lien mortgages when a corresponding first lien is modified under HAMP by a participating mortgage servicer (the company you make your mortgage payment to). We provide a synopsis of both the HAMP and 2MP programs on FREEandCLEAR. Freddie Mac is participating in the HAMP program but we are not aware of any second lien mortgage modification programs that Freddie Mac participates in.