If you are facing foreclosure, don’t feel that your fate is locked in to losing your home. There are options which can help you save your home, but you must act quickly as most of them are time sensitive.
The best option for you depends on your specific situation. For example, a repayment plan may be [...]
Tags: bankruptcy, FHASecure, government assistance, government insured, guide, HOPE for Homeowners, IRS, loan modification, taxes, tips
HOPE for Homeowners (H4H) is the legislative version of FHASecure, a Federal Housing Administration program, where both are intended to assist homeowners facing foreclosure, or those at risk thereof. FHASecure, according to HUD data, has only assisted a relatively small amount of homeowners in foreclosure or in default. In response, Congress created HOPE for Homeowners [...]
Tags: FHA, FHASecure, government assistance, HOPE for Homeowners, Refinancing
The HOPE for Homeowners (H4H) program, effective October 1, 2008 through September 30, 2011, is intended to assist those at risk of default and foreclosure by refinancing a homeowner’s current loan into a new 30-year or 40-year fixed rate loan with lower payments.
The HOPE for Homeowners loan limits cap at $550,400 and generally may not [...]
Tags: FHA, government assistance, government insured, HOPE for Homeowners, Refinancing
FHASecure is an option for homeowners with non-FHA mortgages to refinance into a FHA-insured mortgage providing a 30-year term with a fixed interest rate, no balloon payment and no prepayment penalty. FHASecure can assist homeowners who have missed up to three monthly mortgage payments over the previous 12 months or who have experienced temporary economic [...]
Tags: FHA, FHASecure, government assistance, government insured, Refinancing
