Underwater mortgage assistance plans have been offered through various institutions and programs, like the FHAâ€™s short refinance plan, and the Making Home Affordableâ€™s Refinance Program, but homeowners are still in positions where they either need assistance with their payments, in order to make their underwater mortgage obligation more affordable, or there are those who feel that a lower principle is in order due to the severity of their underwater predicament.
Underwater mortgage assistance plans--