What going on with the FHA HOPE program?

Posted on Aug 28, 2012 in FHA Information

Question by Bill: What going on with the FHA HOPE program?
I have a FHA backed mortgage that is a subprime @9.75%. Ameracam servicing company ASC did give me a mod to set it at a fixed rate. The HOPE web site says if I am having truble paying it and it is over 31% and I an keeping up with my payments I have been 30 days late only becouse the payments are so High. What can I do. As asc says they will not ajust my rate.

Best answer:

Answer by Judy
Try anyway. I heard quite the oppposite. I heard that they won’t help you unless you are a month or two behind.

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One Comment

  1. I don’t quite understand your question; what exactly are you asking?