fhasecure: Tampa Mortgage Refinance | Help for Delinquent Payments
- 09/05/07 07:45 AM
Being behind on mortgage payments can provide a huge hurdle for borrowers looking to refinance into a more affordable interest rate. HUD recently announced a new refinance program available through FHA called "FHASecure". The refinance program is for borrower who are feeling the effects of a subprime adjustable rate mortgage and have become behind on payments because of the increase in their monthly payment. The ideal candidate for this program is a homeowner who: Made all their mortgage payments on time, until the adjustment of their interest rate began and caused a financial stress. This FHA program is great because it provides flexibility … (12 comments)
Being behind on mortgage payments can provide a huge hurdle for borrowers looking to refinance into a more affordable interest rate. HUD recently announced a new refinance program available through FHA called "FHASecure". The refinance program is for borrower who are feeling the effects of a subprime adjustable rate mortgage and have become behind on payments because of the increase in their monthly payment. The ideal candidate for this program is a homeowner who:
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