Making Home Affordable (MHA) is a key federal program designed to help homeowners avoid foreclosure. Since It was launched in 2009, many Arizona borrowers have received mortgage assistance under the Home Affordable Modification Program (HAMP). MHA also includes Home Affordable Foreclosure Alternatives Program (HAFA) which has streamlined the process for homeowners seeking a short sale or deed-in-lieu of foreclosure. The details and guidelines can be found at Financial Stability.gov.
Borrowers can get basic information about eligibility through the self-assessment tools provided at, MakingHomeAffordable.gov, and also by reviewing Questions & Answers (en español) designed to help homeowners determine if they might be eligible for modification assistance.
Borrowers who are delinquent and have not yet been in contact with their lender should call their servicer or a HUD-approved housing counselor immediately. There is no fee to borrowers for assistance. To be connected to a nonprofit housing counseling agency, call the Arizona Foreclosure Prevention Hotline at (877) 448-1211 or find the list of Arizona counseling agencies at www.hud.gov. Homeowners should beware of any organization that attempts to charge a fee for housing counseling or modification of a delinquent loan.
In addition, you should be cautious before you agree to any proposal that promises to save you from foreclosure because often times these proposals result in the loss of your equity as well as your home.
If you believe you are a victim of a mortgage rescue scam or a consumer fraud, file a complaint with the Attorney General’s office or call Consumer Information and Complaints Unit at (602) 542-5763 (Phoenix); (520) 628-6504 (Tucson) and (800) 352-8431 (toll free outside Maricopa and Pima Counties).