Home Affordable Foreclosure Alternatives Program (HAFA)

You could avoid foreclosure if you qualify for assistance from the federal government's Home Affordable Foreclosure Alternatives Program (HAFA).

The Home Affordable Foreclosure Alternatives Program will no longer be available with loan registrations after December 30, 2016.

How it works

With HAFA, you could be eligible for incentives if you choose a short sale or deed in lieu (DIL) as a foreclosure alternative.

View HAFA eligibility matrix

Are you eligible?

You may qualify for HAFA if:

  • You owe more on your mortgage than your home is worth (also known as an "underwater" or "upside down" mortgage).
  • You're experiencing long-term hardship.
  • You're open to leaving your home.

Next steps

Contact Citi to find out if you're eligible for the HAFA Program.

Have the following information ready to help speed up the process:

  • Your mortgage statement and other loan information such as monthly payments and balances of second mortgages, auto or student loans
  • Copies of your 2 most recent pay stubs showing your year-to-date earnings
  • Your most recent quarterly or year-to-date profit/loss statement, if you're self-employed or an independent contractor
  • Your most recent personal checking, savings, money market, mutual funds, stock and bond statements
  • Your most recent tax returns

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