I'm a little confused with all the HOPE stuff. The website hopenow.com which is the official website for HOPE is giving a list of all the lenders that are participating. Why does the video on this site say no lenders have jumped on board yet?
Confused?!?
The lenders that are on the Official HUD/FHA website are not the actual lenders that provide the money to allow for the program to fund your loan and allow you to close your transaction. They are people who have signed up to take applications and help people to do the loans when the lending channels are available.
This is another example of how government is not efficient in how it delivers information to the consumer. Consumers assume that those companies on the list are the actual lenders providing the funds to do the Hope for Homeowners Program. This not true.
Go to my site to get the most updated information and videos on the status of when the lending channels are delivering the money to get your loans converted to the Hope for Homeowners Program.
Best Regards,
Steve
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