There are a number of FHA lenders offering the Hope For Homeowners program. This is an FHA short refinance that allows the homeowner to dramatically lower the mortgage balance with a new FHA loan. The Hope For Homeowners Lenders are available for short refinance opportunities. Here is the list.
The lenders listed below have indicated an interest in refinancing loans under the HOPE for Homeowners program. When contacting any of the lenders listed below, you are strongly encouraged to contact your servicing lender and any subordinate lien holders since their participation is vital for you to refinance into a HOPE for Homeowners mortgage. It is important to remember that the HOPE for Homeowners program is voluntary and your servicing lender may offer different solutions for avoiding foreclosure.
When contacting any lender on this H4H list, please use the contact information provided. Do not give anyone money or pay any fees until you have spoken with your existing lender and know it is participating in the HOPE for Homeowners Program.
If you are experiencing difficulty in communicating with your current servicing lender and/or subordinate lien holders and if they are tough loss mitigators then you may wish to contact a housing counseling agency to ask for advice and assistance in reaching a mutually agreeable solution for avoiding foreclosure.
To view the list of lenders who are participating in the HOPE for Homeowners program click on the link on the FHA.gov website. I believe Wells Fargo and Hope For Homeowners are lenders for H4H that are picky.
The H4H Lender List was updated on October 31, 2008. We will refresh the list on most Fridays.
The above was from FHA.gov website. Check back for more information soon on the Hope For Homeowners program from FHA.