The United States Treasury will soon be launching CheckMyNPV.com, a free online public NPV calculator for homeowners to learn about the NPV evaluation process under HAMP and to conduct a NPV self-evaluation of their existing mortgage loan(s). Borrowers will be able to use the evaluator regardless of whether they have received a Notice of Non-Approval from their servicer. Please note that the results of the evaluation are only an estimate of the servicer's actual NPV calculation.
The NPV evaluator does not assesses the borrower's eligibility for HAMP. All information used as an input during the evaluation must be more than 90 days old. Borrowers will also need to know their current credit scores.
After the evaluation is complete, borrowers will have the opportunity to save the results as a .pdf file or they can send the results to an email address.
Visit www.makinghomeaffordable.gov for more information.