HOPE
4
HOMEOWNERS
Presented by:
Brad Moss
561-827-6677
bradwmoss@gmail.com

WHAT ARE THE BENEFITS
A FEDERAL HOUSING ACT PROGRAM
HELPS ADJUST EQUITY IN THE HOME
LOWERS MONTHLY COST FOR THE HOMEOWNER
BRINGS YOUR HOME 10% BELOW CURRENT MARKET
VALUE
PUT THE HOMEOWNER IN A FIXED RATE MORTGAGE
LOW INTEREST RATES (5.5%-6.75%)
STOPS FORECLOSURE PROCESS
HELP WITH MONTHLY CASH FLOW
SLOWES DOWN THE SHORT SALE MARKET
MOST IMPORTANT IT WILL STABILIZE TODAYS
MARKET VALUE !!!!!!

WHO QUALIFIES AND WHO WILL NOT?
QUALIFIERS DISQUALIFIERS
2 yrs of income docs W-2 or 1099 Owning more then one property
(Must have pay stubs for to March anywhere in the U.S.A.
1st 2008)
Your mortgage statement for March Having a debt to income ratio
1st 2008 below 31% based on income as of
A current FHA appraisal showing March 1st 2008
current market value
(Avg. cost $350.00) Have intentionally defaulted on a
Your Current mortgage note mortgage loan in the past 10
A letter explaining why this product years
would help you as a home owner
A debt to income ratio of over 31% Been involved in mortgage fraud
as of March 1st 2008
(we will qualify you)
Financed home on or before
January 1st 2008
Prior title policy on your home

Example of H4H program
Your current home value is $250,000
You currently owe $375,000
We do a new loan based on $250,000 – 10%= $225,000
The lender accepts the rest as a loss
Average payment PI + MI = $1,630.00
(based on 1.5% MI explained on next page)

How does the MI work????
You have 3% of the base loan amount charged to
the home over and above the loan amount
(example on $225,000 =$6,750.00 that goes into
a mortgage pool for insurance)
Every month you have MI 1.5% this does not go
away for 5 years. (example on $225,000 = $281
per month)
Ask us for a payment that will support your
current situation

How is this possible???
If you Sell or Refinance:
During 1st yr FHA receives 1st yr You receive 0% of
100% of the equity the equity
During 2nd yr FHA receives 2nd yr You receive 10% of
90% of the equity the equity
During 3rd yr FHA receives 3rd yr You receive 20% of
80% of the equity the equity
During 4th yr FHA receives
70% of the equity 4th yr You receive 30% of
the equity
During 5th yr FHA receives
60% of the equity 5th yr You receive 40% of
the equity
After 5th year FHA receives
50% of the equity After 5th yr You receive
50% of the equity

What is the risk
There is NO RISK
This is a HUD approved mortgage safe, safe,
safe!!!!
You cannot lose your home only a percentage of
equity in your home (90%,80%,70%,60%,50%
split with the lender)
If you sell or refinance and there is no equity you
owe nothing.

Cost of this program
IF:
Cost to negotiate
You owe 100-250k
program $1,500.00
Cost to negotiate
You owe 250-375k program $2,000.00
Cost to negotiate
You owe 375-500k program $2,400.00
If your current lender does Fees are non negotiable
not supply the H4H program
and are not refundable
We will refinance your current
lien to a new lender that will
except the program
At no additional up front cost.

What do I do next??
Docs Needed to Start Negotiation:
1. Last 2 years of income docs
2. March 1st 2008 pay stubs
3. Note on current mortgage
4. Payment coupon on current
liens
5. Copy of credit report no later
then 60 days old
(we can provide for you if needed)

Thank you for your time and
consideration!