Thursday, August 28, 2008

How Can I Take Advantage of FHA's FHASecure Program?

Sphere: Related Content First of all, the website http://www.hud.gov is VERY informative. If you have the patience, and I'm sure most people have or can give themselves at least one hour of research time to go into this site and find all the available programs out there.

For example, FHASecure is available for people who are at least two or three months late on their mortgage. With this program, borrowers are offered a chance to reinstate their mortgage situation and prevent foreclosure from taking place. Of course there are certain requirements, but it may be best to call HUD's customer service or their mortgage counselor to help you find the right program.

It really is best to go into this site before giving up and thinking there is no hope left. Borrowers, homeowners, citizens, and most individuals have rights. You'd be surprised about the different programs available that your local mortgage company won't tell you.

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