I hope the information in this Blog can help someone out there who could be at risk of losing their home.

The "Hope For Homeowners" (H4H) program created by congress to help those at risk of default and foreclosure refinance into more affordable, sustainable loans went into effect October 1, 2008 and is scheduled to expire on September 30, 2011.

As many as 400,000 homeowners could avoid foreclosure through this program over the next three years. If you are having trouble making your mortgage payments, HOPE for Homeowners may be able to help you, by refinancing your loan into a new 30-year fixed rate loan with lower payments.

To get all the information and read about this program in detail, click here. This link will take you to the Federal Housing Administration (FHA) website. If this information helps even one person from losing their home, it will have been well worth posting in my Blog. Feel free to forward the information and the link to anyone you feel can benefit from it.

As always, send me an email or give me a call if you have any questions, or if you or anyone you know has any Central Oregon Real Estate needs.