The federal government’s Making Home Affordable (MHA) programs of Bank of America are designed to help homeowners who are struggling to stay in their homes


Home Affordable Modification Program Military Modification was created to help members of military obtain more affordable and sustainable mortgage payments by principal forgiveness, potentially reduced rates and other solutions.

Eligibility Criteria

You or a co-borrower is on active duty, or it's been less than nine months since your release

The property is your primary residence, or you've been temporarily displaced – for example, due to a foreign service assignment

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 took out your mortgage before January 1, 2009

Your total monthly payment (principal, interest, taxes, insurance and association dues, if applicable) is more than 31% of your pre-tax monthly income

Your loan is owned and serviced by Bank of America, and hasn't been previously modified under the Home Affordable Modification Program


Other Programs under Making Home Affordable (MHA) programs are:

Home Affordable Refinance

Home Affordable Unemployment Program

Home Affordable Modification

Home Affordable Second Lien Modification

Home Affordable Foreclosure Alternatives