That is what is is called the HOPE loan, it is part of the FHA reform bill that passed ages ago... There is another loan called the Harp loan or Hamp as well. Harp is a refinance and hamp a loan modification. Not many lenders want to do the hope loan because they lose a lot of money doing one. They will entertain the harp or hamp loan. Although, I think that the extension on this was only till June of this year. Not sure if they extended it again.
Hopefully that helps,
Sherry |