Try to Refinance to a More Affordable Mortgage

Evaluate all options carefully, possibly with professional assistance. Avoid high-rate refinancing loans and do not consolidate other substantial debts with your existing mortgage. (These choices will probably make your problems worse in the long term.)

Reverse mortgages, for older homeowners, reduce or eliminate monthly payments.

'FHA Secure' is a HUD refinancing program which you can learn more about by calling 1-800-CALL-HUD (1-800-225-5342) or visiting their website at http://www.fha.com/.

HOPE for Homeowners Program began Oct. 1, 2008, and ends Sept. 30, 2011. You can find out more information about this program by downloading the HOPE for Homeowners Consumer Fact Sheet.