There is Hope for Homeowners for families who are in need of help financially with their mortgage. I found the FHA website which has a lot of information geared towards the program H4H. According to HUD this program was developed by Congress and it started October 2008 and will end September 2011. This program will let homeowners refinance their homes with a new affordable loan. You need to be aware of the fine print which states you will not be able to refinance the home again unless it is for repairs on the home. There are a lot of guidelines to follow. The program may be a saving grace for a lot of families.
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