Making Home Affordable Plan - What you'll need when you contact your lender

For Idaho homeowners who may be eligible to participate in the making home affordable plan there is a list of things you will need to provide your lender to qualify. 

Here's a check list:

Information about the monthly gross (before tax) income of your household, including recent pay stubs if you receive them or documentation of income you receive from other sources.

• Your most recent income tax return.
• Information about your savings and other assets
• Information about your first mortgage, such as your monthly mortgage statement.
• Information about any second mortgage or home equity line of credit on the house.
• Account balances and minimum monthly payments due on all of your credit cards.
• Account balances and monthly payments on all your other debts such as student loans and car loans.
• A letter describing any circumstances that caused your income to be reduced or expenses to be increased (job loss, divorce, illness, etc.) if applicable.

For more information you can go to makinghomeaffordable.gov

If you don't qualify there are still other options to avoid foreclosure at no cost to you.  Please visit HopeForIdaho.com to learn more about avoiding foreclosures.