HOPE for Homeowners (H4H) is a temporary Federal Housing Administration (FHA) mortgage insurance program that helps borrowers having difficulty paying their mortgage. Qualified borrowers can refinance into affordable FHA-insured mortgages, and lenders can restore borrowers’ trust following bad experiences with loans in default. Learn more about the H4H program.
FHA-approved lenders need to act quickly to participate in this program. We’ll provide you with the training, education, and documentation you need for a successful implementation:
- Lender Training—Comprehensive web-based or onsite training to help your team understand the basics of H4H.
- Mortgage Document Services—Best practice loan package based on industry standard federal- and state-specific loan documentation for H4H mortgage lending.
- H4H Mortgage Documents—Warranted state-specific origination and closing forms available in print or electronic format (through VMP® Mortgage Solutions), or through our Document Services document preparation solution.
- Strategic Level Compliance Assessment—A complete review of your mortgage portfolio, compliance program, and lending processes to help you proactively manage areas of risk.
- System Integration Consulting—Expert assistance with system requirements and functional specifications for integration to lending applications.
- Post Government Integration Assistance—Independent review of your government lending program to help you implement a quality control plan, prepare your team for regulatory exams and mortgagee reviews, and resolve inefficiencies in workflow processes to minimize your risk.
- Consumer Education Materials—Brochure and disclosures to help your borrowers understand the H4H program.
