The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department and administered by Fannie Mae assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure, specifically through short sales and or deeds-in-lieu of foreclosure. If you qualify for HAFA and your lender is participating in the program (see link below for participating banks), then you may consider applying for the HAFA program for your short sale If you don’t qualify for HAFA, you can still apply for a short sale, but you will need to qualify based on individual bank’s short sale guidelines.

  • What is HAFA?
  • Details of HAFA
  • Who qualifies for HAFA?
  • Online HAFA eligibility check – Verify if you are eligible for HAFA
  • Participating Banks
  • Contact a HUD counselor

If you would like to apply for HAFA, contact Cy Marlow at 1-812-234-8808.

If you’d like to know if you qualify for a short sale, you may call Cy Marlow at 1-812-234-8808 to set up a confidential meeting to discuss your situation or you can submit a free and confidential online prequalification form.CHS_logo_web