This new program seems to be a great foreclosure prevention strategy by the FHA.  I found this great information sheet on the FHA website I'd like to share.  Here is the link:

http://portal.hud.gov/pls/portal/docs/PAGE/FHA_HOME/LENDERS/MORTGAGEE_LETTERS/2008_MORTGAGEE_LETTERS/08-13MLATT.DOC

So far, I had a prospect for this program however, unfortunately, their loan size was too high.  Used this link to help you sort through the cases to see if your client might be eligable for the FHA Secure Program.

Anyone who has a success story to share, please do since that's what we wan't to hear.  Happy Active Rain Blogging!!!

 
Post is included in group: Foreclosure Help and Prevention
Post is included in group: RealtorsĀ®
Post is included in group: Short Sales Pre Foreclosures Bankruptcy and More!

1 Comments on FHASecure Program Experiences...Anyone???

FEB
11

I guess no one has had success so far.  I read an article which is unbelievable...it said that the FHA Hope for Homeowner program has had as of Feb this year, only 25 loan modifications out of the estimated 400,000 people it is targeting.  What's going on???

12:22am • #1

Leave a response…



(optional)
What does the graphic say?
 
Valley_realtor Rainmaker_large

Jason Hector

Porter Ranch, CA

More about me…

Action Investments

Address: Porter Ranch, CA, 91326

Office Phone: (818) 626-6469

Cell Phone: (818) 357-9658

Email Me

Short Sale / Short Pay Subject to Lender Approval


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Porter Ranch real estate on ActiveRain.