SellingNorthernNV

Keeping you informed on all things real estate

HOPE for Homeowners

admin | August 21, 2009

Borrowers having difficulty paying their mortgage will be able to refinance into FHA-insured mortgages under the program. Under the HOPE for Homeowners, lenders will be required to “write down” the mortgage to a maximum of 90% of the homes appraised value.

Hope Now National Hotline

admin | May 12, 2008

Hope Now is a an initiative intended to help borrowers who may be facing default when their mortgage rate resets.