Due to financial hardship, I have gotten behind with my FHA mortgage loan. I have been in constant contact with the financial institute who has my note and they won’t help me until I am able to make my payment for three consecutive months. If I were able to make the payment, I wouldn’t need the help. Does anyone have some experience with this type of situation and can give me some constructive advice?
I currently am in default with my fha loan due to financial hardship. Is there any good advice to give me?
6 Responses to “I currently am in default with my fha loan due to financial hardship. Is there any good advice to give me?”
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The user doesn't need to know a single thing about short sale financials. However, I'm not sure I'll have it done in time for your needs. Probably two months away. I do plan on giving away 10 or more copies to a fellow Burning .... For example, on an FHA loan there are no secrets. If a short sale offer comes within the 1st 30 days of the seller being accepted into the program, the discount is 12% off FMV. No more. No less. Simple as that. My contact at Ocwen often ...
try looking at housing help through the state and fed goverment, do an internet search. Also if your circumstances allow maybe see if any part time work available in your area that can help you get caught up.
See the links below for possible help:
http://www.hud.gov/hopeforhomeowners/index.cfm
http://www.hud.gov/foreclosure/
pay your got damn dept so you wont have to worry about things like that
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