Lower Interest Rates

Take advantage of today's historically low mortgage interest rates. MHA offers refinance programs to help families get into more affordable and more stable fixed-rate mortgages. Even if you owe more than your home is worth, you may be eligible. Learn more about these MHA programs.

"There are more solutions for homeowners today than there have ever been."

Gary - GMAC Mortgage

Home Affordable Refinance Program (HARP) ›

If you're not behind on your mortgage payments but have been unable to get traditional refinancing, you may be eligible to refinance through MHA's Home Affordable Refinance Program.

FHA Refinance for Borrowers with Negative Equity (FHA Short Refinance) ›

If you're not behind on your mortgage payments but owe more than your home is worth, (and your loan is not insured or guaranteed by FHA), FHA Short Refinance may be an option that your mortgage servicer will consider.

Key Terms on This Page:

Mortgage ModificationA process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower. For example: Changes in the interest rate, length of the loan or balance (how much you owe) on the loan.

Last Updated: 1/6/2012 4:49 PM

Help is a Phone Call Away

888-995-HOPE (4673)
Hearing impaired: 877-304-9709 TTY

As you enter a process that can sometimes be overwhelming, it would be in your best interest to engage a housing expert to help you along the way. Let a HUD-approved housing counselor help you understand your options, prepare your application, and work with your mortgage company.

Making Home Affordable An official program of the Departments of the Treasury & Housing and Urban Development