HAFA bank of America

Hi buddy I want to know about Home Affordable Foreclosure Alternatives (HAFA) Bank of America, so can you plz tell me about this program ??

[pawan]

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

As you asking I am telling Bank of America Affordable Foreclosure Alternatives (HAFA) is part of the federal government's Making Home Affordable program. You may qualify for financial assistance to help with relocation costs. This type of short sale may completely release you from your mortgage debt.

Eligibility

You took out your mortgage before January 1, 2009

Your mortgage is past due or your loan is current but you believe you’ll miss a payment soon

The amount you owe on your first mortgage is equal to or less than:
- $729,750 for a single-family home
- $934,200 for a 2-unit property
- $1,129,250 for a 3-unit property
- $1,403,400 for a 4-unit property

You're experiencing a hardship such as a reduction of income, medical expenses or a divorce

The property isn't condemned

Dead line:
Application deadline for the Home Affordable Foreclosure Alternatives (HAFA) program is December 30, 2016. For applications received after December 30, 2016