RE/MAX Components
Robert and Maria McArtor

Foreclosure Government Programs

The government has created the Home Affordable Foreclosure Alternatives Program (HAFA). Simply put, this program is designed to streamline foreclosure alternatives and provide YOU with real solutions. Government Programs Help Homeowners Avoid Foreclosure There are a number of government-backed options to avoid foreclosure available to homeowners. Below is a list of government programs aimed at helping homeowners, and a description of what the program offers to you.

Home Affordable Foreclosure Alternatives Program (HAFA): If the other programs fail to help you and your mortgage is unaffordable, HAFA is here to help you exit gracefully. HAFA will help to facilitate your short sale or deed in lieu of foreclosure. After the successful closing of either a short sale or a deed in lieu, HAFA will provide $3,000 in relocation assistance to qualified applicants. More Information on the HAFA Program.

Home Affordable Modification Program (HAMP): HAMP is a program that is designed to help homeowners who are in danger of foreclosure for reasons not relating to unemployment. HAMP is designed to lower your mortgage payment to 31% of your monthly gross income (before taxes). Typically, the HAMP program will lower your mortgage payment by roughly 40%. About 15% of HAMP eligible homeowners lower their mortgage payments by 1000 dollars or more each month. Click here to see if you are eligible for the HAMP program. More Information on the HAMP Program.

Home Affordable Refinance Program (HARP): HARP is a program designed to help homeowners who are current on their mortgage payments, but are unable to refinance to a lower interest rate due to a decline in the value of their property. HARP is for homeowners who want to refinance to a more stable and affordable mortgage to avoid foreclosure in the future. Click here to see if you are eligible for the HARP program. More Information on the HARP Program.

Second Lien Modification Program (2MP): If your mortgage was modified under the HAMP program, then any second lien you have on the same property may also be eligible for modification. 2MP is designed to work in conjunction with HAMP, and your mortgage service will automatically determine your eligibility for 2MP. More Information on the 2MP Program.  

Additional Government Programs: FHA Refinance for Borrowers with Negative Equity: This loan option, commonly referred to as the "FHA Short Refinance" is designed to help borrowers with negative equity in their homes to refinance to a low fixed rate. Under the new FHA home loan, the mortgage lender is protected by government-backed insurance, allowing the bank to lend up to 97.5% of your home's current value at no additional risk to the lender. More Information on the FHA Program.

Home Affordable Unemployment Program (UP): If you are having trouble keeping up with your mortgage payments due to unemployment, the UP program can help. The UP Program provides a temporary (3 month) reduction or suspension of your mortgage payment to help the homeowner financially while they seek employment. Click here to see if you are eligible for the UP Program. More Information on the UP Program.

Hardest Hit Fund (HHF): The hardest hit fund, established in early 2010, is a program to help unemployed and underemployed homeowners. Benefits of the HHF vary by state, but the benefits include mortgage payment assistance, principal balance reduction, funding to eliminate second mortgage liens, and grants to help families transition into more affordable housing. More Informaion on the HHF Program.

Principal Reduction Alternative (PRA): PRA is a program aimed at helping homeowners who owe significantly more on their home then the property is worth. PRA is designed to encourage investors and lending institutions to reduce the amount that is owed on your home. To Find a Participating Lender. Contact Us!


Marketing Homes Locally, Globally and Socially

ZILLOW Reviews
"Robert and his wife Maria did a great job selling my home. Robert stuck by me thru the months of having my home on the market. From the highs at the ... more "
by emil104th
"Words could not express how elated I feel with the services I have received from Mr. McArtor and family. I say family with sincerity because I was ... more "
by justice0880


Robert B. McArtor - Agent at RE/MAX COMPONENTS
Robert McArtor reviews


What our clients are saying  

"Robert, thank you for meeting with my wife and I. Your professionalism was outstanding. Your presentation for your marketing plan was certainly impressive and we will be listing with you in the Spring. We are looking forward to working with you"


~ Michael S. P.

"Thank you Robert, you and your Buyer Agents helped us save $12,345.00 on the purchase of our home. We were going to use a Virginia Broker who was also licensed in Maryland. You and your agents actually live in Maryland and was much more aware of the market conditions and your negotiating skills were excellent. I would recommend you and your Buyer Agents to anyone looking for a Home in Maryland. Also, you were very accessible to us by phone and email."


~ L.Perry - Harford County

"We are looking forward to a successful Auction here in Baltimore. You booked our property today at 12 noon and just like you said, it is on your website less than 12 hours later. WOW, were we impressed. Your professionalism went a long way when deciding on using your services. We are looking forward to reaping the rewards of your marketing abilities."


~ Michael St. - Baltimore City Maryland

"Just as your ad stated, we saved not only $5,000....but just over $12,000 on our home purchase, thank you thank you thank you!"


~ M.K. - Jarrettsville Maryland

"Robert, you met with my husband and I this past weekend and just wanted to say thank you. We were very impressed and very informed about the Auction Method! Because of your advise on our situation with our home. We are looking forward to listing the property with you. Please let us know a good time to meet."


~ John C. - Baltimore County

"My home was listed for three weeks with your team. I knew the property needed work when you listed it but had NO idea the interest. In just three weeks we had 23 showings, over 900 views of the Visual Tour you did for me and you negotiated a FULL Price contract! I am looking forward to settlement.....there is nothing more I could have asked for from your team."


~ J.S. - Rosedale Maryland

TESTIMONY: "Our search began in January and in a matter of 2 weeks we found our dream home. Robert and his team worked with us with financing, moving, even helped us moved our refrigerator! Now the good part, Robert was able to help us negotiate a savings of $5,800! on the purchase of our home. We were so excited, I referred my friend at work. Thank you Robert for a job well done."


~ T.R. - Belcamp Maryland

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