The government has mortgage assistance that will help those homeowners facing foreclosure. This new program is titled HOPE for Homeowners. Homeowners who are having problems paying their current mortgage payments but can qualify for an FHA loan will be able to use this program to refinance their current mortgage.
This new program will be available until September 30, 2011. In most cases in order for this new program to be successful banks will have to write down the existing mortgage to 90 percent of the new appraised value of the home.
Call or email me to receive additional details about this new program.
Related Florida real estate views:
HUD/FHA deed in lieu eligibility
Florida attorneys offering free help to homeowners facing foreclosure
HUD program offers hope to Floridians facing foreclosure
- Greg Staker - 407-304-0255
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