pool: Can you really avoid foreclosure with FHA loans?
- 05/13/08 12:38 PM
Now this sounds interesting, I saw this on a website and with all of this stuff going on...does this actually happen? If you have an FHA insured loan, your lender may be able to work with you in order to obtain a one-time payment from the FHA insurance pool that will bring your payment schedule current. What in the world? One-time payment? Makes you wonder how much that one time payment is....doesn't it. For this option to occur, your delinquent status must be at least four months but no more than twelve months. In addition, you must be prepared to resume … (2 comments)
Now this sounds interesting, I saw this on a website and with all of this stuff going on...does this actually happen?;)
;)
