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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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| Q |
Who is the world's richest living person?
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William H. Gates, III, Chairman of Microsoft Corporation, whose wealth was estimated at $46.6 billion in 2004.
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Brian Sharp and the Sharp Homes Team
Sharp Realty
320 Fairview Ave.
Brentwood CA 94513
Phone: 925-240-MOVE
Mobile: 925-998-9712
Fax - Brian's: 925-524-2302
Broker: 925-240-6683
Fax - Office: 925-240-1486
Email: Brian@SharpHomesOnline.com
There is a big difference in how Brian does business than most other agents. Many agents are focused on the transaction and what's in it for them. They are focused on their goals, not yours. The #1 principle of Brian's business is trust. He realizes that your home is often your most important financial decision and you need to get the best price and the best terms.   
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