What is the HOPE for Homeowners Program (H4H)? This new program created by Congress is intended to help borrowers at risk of default and foreclosure refinance into more affordable loans. If you are having trouble making your mortgage payments, this program may allow you to refinance your loan into a new 30-year fixed rate loan with lower payments. Do I have to pay anything to apply? There will be closing costs associated with HOPE for Homeowners loans; however, they may not be required to be paid out of pocket by the borrower. How long will the process (0 comments)