Assistance for Distressed Homeowners

The Federal Housing Administration (FHA) can provide some assistance to homeowners behind on their mortgages.

You can reach a US Department of Housing and Urban Development(HUD)counselor, at no cost or charge to you, for advice and guidance. FHA offers several programs to those eligible including, in some cases, a refinance loan.

In addition, for new loans FHA has relaxed some requirements on bad or leas than perfect credit folks. They also accept a lower down payment of 3.5%, less than conventional mortgages.

Ask your current lender about the "FHA Secure" program.

If you or anyone you know are in a distressed situation and could use some advice and guidance, call a HUD Counselor at 1-800-569-4287. Again, no cost to you and the sooner you act, the better the chance for help.



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