A New FHA Program to Help You Avoid Foreclosure Since 1934 The Federal Housing Administration has been working for millions of Americans to secure their dreams of owning their own home! We want to keep those dreams alive! Providing mortgage insurance on loans made by FHA approved lenders throughout the United States and also its territories. FHA insures mortgages on single family, multifamily, and also manufactured homes. Making them the largest government backed mortgage insurer. FHASecure IS: A refinancing option that gives credit-worthy homeowners, who were making timely mortgage payments before their loans reset but are now in default, a second chance with a FHA insured loan product. ARE YOU ELIGIBLE? To qualify for FHASecure, and to include the delinquent loan payments, a homeowner wishing to refinance must meet the following requirements: - Have a non-FHA insured ARM that has reset;
- Sufficient income to make the mortgage payment;
- A history of on-time mortgage payments before the loan reset.
If you are current on your conventional mortgage you must have sufficient income to make the mortgage payment. By refinancing into a FHA insured mortgage, you can expect to pay lower monthly mortgage payments. FHASecure can improve the quality of life for many homeowners by helping to reduce the number of mortgage defaults and bringing greater stability to local housing markets. Apply Now to Request More Information
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