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Hopefull2009 · 08-21-2009, 07:18 AM

If it's a HAMP mod, it's going by income. What percentage of your income is your payment? If it's home affordable, it should be 31% of your gross monthly income. Those receiving 2 and 3% are receiving that based on the income. There are specific guidelines and it's calculated based on those.

08-21-2009, 07:18 AM	#2 (permalink)
Hopefull2009 Senior Member Join Date: Feb 2009 Posts: 396 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Go With it OR Keep Trying???? If it's a HAMP mod, it's going by income. What percentage of your income is your payment? If it's home affordable, it should be 31% of your gross monthly income. Those receiving 2 and 3% are receiving that based on the income. There are specific guidelines and it's calculated based on those.