Getting Help Before You Fall Behind
If you have an FHA mortgage. It is about time that someone implements this. I am amazed by how many people tell me that their bank said they can’t help them because they are current on their mortgage. And some banks tell the borrower to fall behind on purpose so they can get help.
“On Friday, the Federal Housing Administration announced that it will assist borrowers before they become delinquent. All you need do is prove your problems were caused by a reduction of income from a job loss, fewer paid hours, slashed wages or a decline in self-employed business earnings.”