Hope for Homeowners (H4H) Program
Federal government created “Hope for Homeowners” (H4H) program to help those struggling homeowners who are facing difficulty with their mortgages by refinancing their loan into FHA insured mortgages they can afford. This program is effective from October 1, 2008 to September 30, 2011 and is supposed to help 400,000 troubled homeowners avoid foreclosure. Borrowers eligibility criteria for Hope for Homeowners plan: 1) Their mortgage must have originated on or before January 1, 2008 2) Their
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