McCarthy & Molloy
Attorneys At Law


Loan Modification




The Making Home Affordable (MHA) Program is a critical part of the Obama Administration's broad strategy to help homeowners avoid foreclosure, stabilize the country's housing market and improve the nation's economy.
Homeowners can lower their monthly mortgage payments and get into more stable loans at today's low rates. And for those homeowners for whom homeownership is no longer affordable or desirable, the program can provide a way out which avoids foreclosure. Additionally, in an effort to be responsive to the needs of homeowners, there are also options for the unemployed homeowners and homeowners who owe more than their homes are worth.

Lower Your Payments

Throught MHA modifications, homeowners have been able to lower their mortgage payments more the $500.00 each month, a significant savings for families.

Get Help If Unempoloyed

MHA and related programs were also designed to provide relief to those who are unemployed; those who owe more than their homes are worth; and those with home equity loans, HELOCs or other second liens that are causing a strain on homeownership affordability.

Get help with fallen home value

In today's housing market, many homeowners have experienced a decrease in their home's value. Learn about these MHA programs to address this concern for homeowners.

Lower Your Rates

If you are interested in taking advantage of today's historically-low mortgage interest rates, MHA offers refinance programs to help families get into more affordable and more stable fixed-rate mortgages.

Get Help With A Second Mortgage

If you have a home equity loan, HELOC or some other second lien that is making it difficult for you to keep up with your mortgage payments, learn more about these MHA programs.

Exit Gracefully

If homeownership is no longer affordable or the weight of homeownership has become too much to bear, MHA has a program that allows you to exit gracefully from the property with $3000.00 in relocation assistance.
80 Sandra Lane
North Andover, MA  01845
Tel: 978-975-4190
Fax: 866-843-6431
 
77 Pond Street
Sharon, MA  02067
Tel: 781-784-7777
Fax: 781-784-1856

Attorney:  

Paul D. McCarthy
John G. Molloy

Of Counsel:  

 

 

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