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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 203-299-4715.

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Real Estate Tips
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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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Enlightening the World", weighs 54.31 million pounds.
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Dana Fead, REALTOR®, real estate agent and broker for Darien, Norwalk and New Canaan, Connecticut home listings, property and land for sale - NUMBER1EXPERT™

Dana Fead
Prudential CT Realty

455 Post Rd
Darien, CT 06820
203-299-4715
DanaFead@NUMBER1EXPERT.com

Licensed in State of Connecticut

REALTOR Equal Housing


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