This is
a new
program
for
borrowers
at risk
of
default
and
foreclosure.
The
program
provides
new,
30-year
or
40-year
fixed
rate
mortgages
that are
insured
by the
Federal
Housing
Administration
(FHA).
It may
help you
refinance
your
mortgage
into a
more
affordable
payment.
H4H is
voluntary.
Both
lender(s)
and
borrower(s)
must
agree to
participate.