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Hope Now Alternatives
Home Owners With Subprime Mortgages

HOPE NOW is a mortgage industry alliance assisting homeowners in distress. Members of this alliance have proposed 3 ways to help American homeowners avoid foreclosure.

  1. Refinance an existing subprime mortgage into a new home loan.
  2. Extend current interest rates for 5 additional years, the 5 Year Freeze.
  3. Move subprime mortgages into the FHASecure program.

Encouragement From President Bush

"For individual homeowners, the subprime mortgage problem is more difficult. Many of those feeling financial stress have an adjustable rate mortgage, which typically starts with a lower interest rate and then resets to a higher rate after a few years. Many of those borrowers cannot afford the higher payments. And now some are fearing foreclosure - which is a terrible burden for hardworking families and a source of concern for entire communities and neighborhoods across our country."

"HOPE NOW members have agreed on a set of industrywide standards to provide relief to these borrowers in one of three ways: by refinancing an existing loan into a new private mortgage, by moving them into an FHA Secure loan, or by freezing their current interest rate for five years." -- George W. Bush, December 2007

Seven Questions To Ask HOPE NOW

  1. How do I know which option is best for me?
  2. Can my interest rate adjust at any time in the future?
  3. Will my monthly payment remain the same?
  4. Are there any prepayment penalties?
  5. Am I required to refinance in the future?
  6. Will any deferred interest be added to my mortgage balance?
  7. Do these options cost me?

So homeowners...Contact HOPE NOW. Or call the toll-free hotline at 1-888-995-HOPE.

Be encouraged. Homeowners in distress can have a new beginning.

The greatest American dream is to own a home and be a home owner. If you've been enjoying my website, you know I always say...It's your home and your mortgage. No one cares more about it than you!

Just incredible! FHA Secure has recently revised their Frequently Asked Questions. This is an important update for homeowners that you won't want to miss!

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Don't Miss A Word Of This
More Hope Now Tips From Kate Ford

Subprime Mortgage...A Risky Loan If You Don't Have A Plan
A subprime mortgage is a short-term fix. If you are serious about finding a solution you are invited to discover the plan every home owner needs to know.

Easy Solutions To Subprime Mortgages
All home owners with subprime mortgages need a plan. Pay close attention! Here is your long-term solution.

FHA Mortgage Loans
The word is out on FHA mortgage loans. Discover how homeowners across America are benefiting. You could be of them too.

FHA Home Loans
Today's FHA home loans are new and improved. Could low down payments be the solution for you?

FHA Loan Limits
Hurry! FHA loan limits have increased thanks to The Economic Stimulus Act.

Adjustable Rate Mortgage...How To Avoid Surprises
Adjustable rate mortgage...Imagine what it would be like if you could plan for changes to your mortgage payments.

Prevent Foreclosure...9 Simple Steps To Save Your Home
Prevent foreclosure! When adversity strikes, what should you do? You can save your home.

Breaking News...Mortgage Debt Relief For Homeowners
Mortgage Debt Relief. The Mortgage Forgiveness Debt Relief Act helps prevent additional taxes for those facing foreclosure.

Home Owners...Low Mortgage Payments
Finding low mortgage payments doesn't have to be a game of chance. Knowing what to ask is the secret to getting the mortgage you want.

8 Strategies To Stop Mortgage Foreclosure Now
The more you know the less you feel the fear. With a little knowledge, you can turn this predicament around.

Avoid Foreclosure...Save Your Home! Save Your Life!
Learn why foreclosure is costly to your life. It will affect more than losing your home.

10 Powerful Foreclosure Help Alternatives
Don't wait...Foreclosure help is here now. Learn 10 alternatives to mortgage foreclosure.

How To Stop Foreclosure Now! Free Report!
Stop foreclosure now! Get this free report explaining how you can negotiate a better deal with your mortgage lender.

Stop Foreclosure Now...7 Easy Ways To Locate Mortgage Lenders
Do you need to stop foreclosure now? Have you lost your lenders name and phone number? Here are 7 easy ways to find your lender.

HOME TO Best Mortgage Rate
Enter the secret world of mortgage lending. Kate unlocks the code to getting your best mortgage rate. Uncover essential keys to low mortgage payments.

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