Preventing Foreclosure

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Tag Archive for ‘HOPE for Homeowners’

Options when Facing Foreclosure

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 [...]

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Comparing HOPE for Homeowners and FHASecure

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 [...]

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HOPE for Homeowners

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 [...]

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