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Financing Your Home >FHA Advisory
If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program.
To be considered eligible for assistance, the home must your principal residence. You must be at least three full payments behind on the mortgage, and the reason for your failure to make the mortgage payments must be due to circumstances beyond your control, such as unexpected unemployment. The FHA must be reasonably certain that you can resume making the payments at the end of 36 months and that the accrued deficiencies will be paid back before taking over the loan.
The Veteran's Administration also has a mortgage assistance program for those who have VA mortgages.
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| Q |
What is the world's largest palace?
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The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s. |
See More Real Estate Trivia > |
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Dwight E. Hathaway RE/MAX Classic Group 3322 Route 22 West, Suite 908 Branchburg, NJ 08876 908-895-1850 Fax: 908-231-7799 dwighthathaway@NUMBER1EXPERT.COM
Dwight E. Hathaway "SELLS" homes JUST LIKE YOURS!!! In Middlesex County there is NO OTHER Realtor capable, ready, willing, able and technically advanced enough to meet your needs. No matter how large or small Dwight does it all. Just call or email him today!    
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