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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 
Exactly how many islands are included in the group called the 1000 Islands?

A 
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State.
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Century 21 Prestige Real Estate Inc., REALTOR®, real estate agent and broker for Fort Leonard Wood, Waynesville and St. Robert, Missouri home listings, property and land for sale - NUMBER1EXPERT

Century 21 Prestige Real Estate Inc.
Century 21 Prestige Real Estate Inc.

587 Marshall Dr.
St. Roberts, MO 65584
573-774-8395
homes@c21prestige.com

I am licensed in the state of Missouri.


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