Check current programs carefully
Refinancing and mortgage-assistance programs
Refinancing replaces the current mortgage, while assistance programs may provide a different form of support. Availability depends on timing, credit, equity, loan type, location, hardship, and current program rules.
Confirm eligibility, deadlines, costs, and application channels through the responsible agency, loan owner, servicer, or a HUD-approved counselor.
Refinancing questions
- Can the loan still qualify at its current delinquency stage?
- What are the interest rate, closing costs, cash requirement, and total repayment cost?
- Will applying affect a loss-mitigation review or scheduled foreclosure activity?
- Is the offer from a licensed, independently verified lender?
Assistance-program questions
- Which government agency, housing authority, insurer, guarantor, or loan owner operates the program?
- Is the program currently accepting applications, and does funding remain?
- What documents, deadlines, repayment terms, liens, or occupancy rules apply?
- Can a HUD-approved counselor verify the program before money or personal information changes hands?