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Some FHA mortgage situations may qualify for help from the FHA in the form of a one-time payment from the FHA insurance fund. This will help bring your FHA mortgage up to date, but there are requirements.

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December 11, 2019
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FHA.com is a privately owned website, is not a government agency, and does not make loans.

Will the FHA Help if My Payments are Late?

FHA Common Question #19

Some FHA mortgage situations may qualify for help from the FHA in the form of a one-time payment from the FHA insurance fund. This will help bring your FHA mortgage up to date, but there are requirements. If your loan is at least 4 months, but not more than one-year delinquent and you can start making full payments once again, you may qualify for this special assistance.

Be aware that you will have to sign a Promissory Note, and you will have a Lien on your home until the Promissory Note is fully paid off. Remember that this is a one-time only offer, and to protect your credit rating for future FHA loans, FHA mortgages or refinancing packages you'll need to maintain good credit.

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FHA Loan Articles and Mortgage News

FHA Loans for 2020: Mortgage Expenses You Can Plan For

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Problems That Can Delay Your FHA Home Loan (Part Two)

December 4, 2019 - In a recent article we discussed issues that can delay the approval or closing date of your FHA home loan. Do you know what these potential problems are? In Part One we discussed how bankruptcy, foreclosure, and appraisal problems may affect your mortgage loan.

Problems That Can Delay Your FHA Home Loan (Part One)

December 3, 2019 - When applying for an FHA home loan, there are issues that can slow down the progress of your mortgage, whether you are applying for a mobile home loan or an FHA One-Time Close Construction Loan. Some may be preventable in the planning stages of your loan.

FHA Loans in 2020: Pay Attention to Your Debt-To-Income Ratio

December 2, 2019 - Your FHA loan options in 2020 include new purchase loans, reverse mortgages, cash-out FHA refinance loans, and the One-Time Close construction loan if you want a house built for you. But planning ahead is key and you will need to examine and work on the amount of debt you carry