HOPE for Homeowners
The Bush Administration unveiled on October 1 additional mortgage assistance for homeowners at risk of foreclosure. The HOPE for Homeowners program will refinance mortgages for borrowers who are having difficulty making their payments, but can afford a new loan insured by HUD’s Federal Housing Administration (FHA).
HUD Homes Just Became More Affordable
In an effort to increase the affordability of homeownership, the Federal Housing Administration (FHA) is announcing sales incentives for HUD Homes in Florida. $100 down payment! Learn more