real estate for sale: Hope for Homeowners Program
- 12/01/08 02:44 AM
This is a program for borrowers at risk of default and foreclosure. It provides a new 30 year fixed rate mortgage that are insured by the Federal Housing Administration (FHA). This program can help homeowners refinance their mortgage into a more affordable payment. The lender and borrower must agree to participate in the program. It will end September 30, 2011. A few factors in determining eligibility are: The home is your primary residence, and you have no ownership interest in any other residential property, such as second homes. Your existing mortgage was originated on or before January 1, 2008 … (0 comments)
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