Who is eligible for Hope for Homeowners?
You should contact your lender to determine eligibility, but you may be eligible if, among other factors:
- The home is your primary residence, and you have no ownership interest in any other residential property, such as second homes.
- Your existing mortgage was originated on or before January 1, 2008 and you have made at least six payments.
- You are not able to pay your existing mortgage without help.
- Your total monthly mortgage payments due were more than 31 percent of your gross monthly income.
- You certify that you have not been convicted of fraud in the past 10 years, intentionally defaulted on debts; and did not knowingly or willingly provide material false information to obtain existing mortgage(s).
How do I apply for Hope for Homeowners?
Look for loan modification information from HOPE NOW and contact a HUD counselor from the site listed below.
