FHASecure Program Experiences...Anyone???

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Real Estate Broker/Owner with Action Investments and Hawaii Pacific Realty BRE Lic# 01481898

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!!!

Posted by

Jason Hector, Real Estate Broker, CA Dept of Real Estate Lic. #01481898
(818) 357-9658 Cell
(866) 791-3290 Fax
jhector@socal.rr.com
www.jasonhector.com
Broker--Action Investments
11630 Seminole Circle
Northridge, CA 91326
(800)-626-6469 Phone
(866)-791-3290 Fax

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Rainer
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Jason Ian Hector
Action Investments and Hawaii Pacific Realty - Porter Ranch, CA
Real Estate Broker in California and Hawaii

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???

Feb 10, 2009 04:22 PM #1
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Rainer
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Jason Ian Hector

Real Estate Broker in California and Hawaii
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