25,000 Florida homeowners who owe far more on mortgages than their houses are worth could get a break of up to $50,000 if they qualify under a new state program, housing officials said last week.
Apply without delay. http://www.principalreductionflhhf.org/ This site contains all the information you will need to begin your application for the Florida HHF-PR program, with step-by-step instructions and prompts to help you.
The federal government has allocated funding to assist eligible Florida homeowners who owe at least 125% more on their home than its current market value, commonly referred to as the home being “underwater.” The Florida Hardest-Hit Fund Principal Reduction (HHF-PR) program will provide up to $50,000 to an eligible homeowner(s) to help reduce the principal balance of the first mortgage. The program is available in all 67 counties in the State.
Content has been provided by The Florida Hardest-Hit Fund Principal Reduction (HHF-PR) program website.
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