FHA HOPE for Homeowners H4H           

  Consumer Protections and Disclosures 

Although counseling is not required as a condition of insurance endorsement, borrowers should be strongly encouraged to contact and work with a housing counseling agency.  The lender must provide to the borrower(s) the HOPE for Homeowners Consumer Disclosure and Certification Form at the time of initial loan application for the Program.  This disclosure form must be signed and dated by the borrower at least one day prior to execution of the initial Universal Residential Loan Application (URLA) and HUD/VA Addendum to the Loan Application.   

Typically, borrowers execute a final Loan Application and a final Addendum to the Loan Application at the time of closing.  Borrowers will also need to sign and date the HOPE for Homeowners Consumer Disclosure and Certification Form at the time of closing.

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