With the FHA Secure Short Refinance, when you owe more than your home is worth, there are typically three outcomes. Which option you are presented with in the outcome of your FHA Secure Short Refinance will depend upon the negotiations with your current mortgage lender.
Short Refinance Write Down – This is the option of [...]
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SHORT REFINANCE FHA SECURE, HOW TO GET THE BANK TO DISCOUNT YOUR MORTGAGE
In Arizona we have been seeing record numbers of foreclosures, record numbers of bank repos and record numbers of short sales. Homeowners are faced with rising mortgage payments when their once low adjustable rate mortgages reset and climb. A short sale has been [...]
Tags:fha refi·FHA Refinance·FHA Secure·Short Refi·Short Refinance
Since September 2007 the FHA Secure mortgage loan, also known as the Short Refinance, has now helped just over 200,000 homeowners refinance their mortgages and avoid foreclosure. At this current pace the FHASecure mortgage loan is on pace to help more than half a million homeowners who are “in the right home but the [...]
Tags:FHA Secure·Foreclosure·Hope For Homeowners·Short Refinance