The New Arizona FHA Mortgage Loan Refinance Option For Home Owners Who Owe More Than Their Home Is Worth..
You heard it here first.. renewed Hope for Home Owners..
David Stevens of HUD just announced that the Obama Administration is putting together an FHA Refinance program that will allow for a homeowner who is upside down on [...]
Entries Tagged as 'Short Refinance'
AZ FHA Refinance Option For Underwater Home Owners
March 26th, 2010 · No Comments · FHA Short Refinance
Tags:Arizona·credit score·current value·David Stevens·FHA·fha loan·fha mortgage loan·Home·household income·HUD·hud fha·Loan·monthly mortgage payments·Mortgage·mortgage debt·New·Option·Owe·press release·program·Refinance·Short Refinance·TODAY·Underwater·value
FHA Short Refinance FAQs – FHA Hope for homeowners Arizona
November 11th, 2008 · No Comments · Hope For Homeowners
WHAT IS AN FHA SHORT REFINANCE?
An FHA Short Refinance is when a home owner refinances a loan where they owe
more on their mortgage than their current mortgage is worth. FHA Short Refinance applicants are upside
down on their equity, and so they need an FHA Short Refinance. The only way to
refinance the home for any [...]
With The FHA Secure Short Refinance What Happens When I Owe More Than My House Is Worth?
September 22nd, 2008 · No Comments · Short Refinance
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 [...]
Tags:FHA·fha refi·FHA Secure·Mortgage·Short Refi·Short Refinance
Short Refinance Documentation – The Budget Worksheet
September 17th, 2008 · No Comments · FHA Short Refinance
It is truly amazing right now the number of homeowners who are upside down on their mortgages and could benefit from a Short Refinance, if only they knew it existed. It isn’t unusual for me to get a call from a homeowner who owes $30,000 to well over $100,000 more than what their property [...]
Tags:Budget·Documents·FHA Refinance·Short Refi·Short Refinance
The FHA Short Refinance Can Help You Get The Bank To Take A Short Payoff On Your Mortgage
August 20th, 2008 · No Comments · FHA Short Refinance
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
Is FHA Secure The Bad Credit Mortgage?
August 14th, 2008 · No Comments · Hope For Homeowners
Is FHA Secure a Bad Credit Mortgage?
Is it the Foreclosure Refinance?
These are two very popular questions I’ve been getting about the FHA Secure Short Refinance Loan so let’s look at these mortgage questions one at a time.
Is FHA Secure a Bad Credit Mortgage?
No – I help homeowners all the time fit into the FHA Secure [...]
FHA Short Refinance – Breaking News
July 28th, 2008 · No Comments · Short Refinance
Last week the Housing Rescue Bill passed Congress and that is great news for households facing the possibility of foreclosure. This bill would allocate an additional $300 Billion for FHA Short Refinance Loans (FHASecure) allowing home owners faced with the prospect of foreclosure to do an FHA Short Refinance and keep their home, even [...]