San Mateo Homeowners: You Should Know

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Another Word On Hope

Jayson Gibson gives his take on this program – and he’s not holding anything back.  His take is informative, opinionated and funny.  And I’m not the only one who thinks so.  He won second place in the Carnival of Real Estate.  He’s also given me permission to write a snarky – what else is new? - post I’ve been thinking about.


The Hope for Homeowners program (H4H) is live.  The Federal Housing Administration (FHA) has published a list of lenders who are participating.  These lenders are proactively rewriting loans to enable homeowners to keep their homes as opposed to adding to the already overburdened real estate market.


It’s not necessarily to save the real estate market. It’s not even necessarily to save you. It’s likely the reason banks are getting ahead of the trend is to save them time and money.  And to get a piece of the government bailout.

Did you know that banks have something similar to credit scores? The more foreclosures a bank has on their list, the worse their “credit score.”

Get Busy

Get busy and get the help you need. It’s the first time in real estate history that the government has stepped forward to help homeowners in such a dynamic way. Take it while it’s available.


Thieves can smell desperation. So before you go out and hire someone to help you figure this out, do two things. First, make sure your lender is on the list of participating banks. Secondly, call your personal mortgage professional or me to make an introduction.

Many mortgage brokers are willing and have the skills to help you get through this.  They’ll review your current situation to see if you’re likely eligible for a loan modification or perhaps you’re a candidate to refinance completely.  Don’t know who to turn to, contact me.  I’ll send you in the right direction.


Got a San Mateo County real estate question?   Call me at 650.888.9268 or send me an email Vicki [at]   If you like what you’ve read, subscribe to the San Mateo Real Estate Blog feed.

Start your San Mateo home search here.

Vicki Moore About Vicki Moore

RE/MAX Star Properties
282 Redwood Shores Parkway
Redwood Shores, CA 94065

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  1. Ruth Stroup says:

    Thanks so much for this article. So many people are facing terrible financial choices. I’m so glad to know that there’s help available.

  2. admin says:

    Ruth – Absolutely. Sometimes people just need to know how to find the resources available.

  3. Jayson says:

    Vicki – thanks for the mention and kind words. I’m glad you mentioned thieves, I can literally guarantee that scams are going to surround this initiative. It’s important for everyone to seek professional advice when they are dealing with something as important as this.

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