Are you struggling to make your mortgage payment?
Recently FHA announced an initiative to assist homeowners who are struggling to meet the monthly payments on their Adjustable Rate Mortgages (ARM). This includes borrowers who became delinquent on their payments after the adjustment took place. If you meet the following criteria, this type of refinance could save you from losing your home.
1. Your present mortgage is a non FHA ARM that has reset to the higher interest rate.
2. During the 6 months prior to your ARM adjusting, your mortgage payments were current.
3. Evidence that you have sufficient income to make the mortgage payment on the new loan.
Additional allowance have been made by FHA to help as many borrowers as possible. Please contact Denise Wing with Academy National Mortgage and set up an appointment to discuss whether or not you qualify for this offer.
Academy National Mortgage Corporation
303-987-0622
dwing@academynational.net
1. Your present mortgage is a non FHA ARM that has reset to the higher interest rate.
2. During the 6 months prior to your ARM adjusting, your mortgage payments were current.
3. Evidence that you have sufficient income to make the mortgage payment on the new loan.
Additional allowance have been made by FHA to help as many borrowers as possible. Please contact Denise Wing with Academy National Mortgage and set up an appointment to discuss whether or not you qualify for this offer.
Academy National Mortgage Corporation
303-987-0622
dwing@academynational.net
posted by Academy National Mortgage at 12:50 PM
0 Comments:
Post a Comment
<< Home