Compare mortgage rates for your refinance or home purchase loan.
The U.S. government has created several programs aimed at helping borrowers in financial trouble avoid foreclosure, stay in their homes, and make their mortgage payments more affordable. Some use a catch-all term, “Obama mortgage” to describe one or more of these programs. What is an Obama mortgage? How does the government offer help to borrowers who are worried about their mortgage payments?
The term “Obama mortgage” has, for better or worse, been applied by some to one or more of the following. You’ll find that there’s one program that’s directly referred to as an Obama mortgage-the Making Home Affordable program.
Men's/Women's Wittner heel Easy to use Beautiful appearance Complete specifications,NATURALIZER Faintly N5 Comfort Taupe Synthetic Heel Pumps Shoes Women's 9M,Shoe Dazzle Nude Jolie Open Toe Platform Heel,Rose Gold Slip On Open Toe Princess Party Wedges Women 2.5” High Heels Size 6,BASS 8.5M black patent leather sling back wedge peep toe shoes excellent cond.,NEW JustFab Leticia in Black Small Pumps US Size 6,Material Girl Raquel Black Womens Shoes Size 7 M Heels MSRP $69.99,*PETRA FIRENZE LADIES CHARCOAL SUEDE DRESS HEELS SIZE 8.5 N,mix no 6 shoes Size 9 1/2Gentlemen/Ladies Faith Pink Shoes Exquisite (middle) workmanship Preferred material fineAK66-C IL GRECO shoes platinum brown leather suede women courts,Guess Seemly women's shoes closed toe buckle wedge brown well size 8 M,Donna Lawrence Pumps Shoes Burgundy Women's Size 8MBlack Peep Toe Slingback Heeled Shoes by Kurt Geiger Size,Boutique 9 Red All Leather Studded Pointed Toe Pumps Heels Size 8.5,Men's/Women's Size 5 Odeon Red Glitter Shoes. durable Order welcome Excellent workmanship,Men/Women river island heels 7 High quality and cheap Primary quality negotiation,womens naturalizer pico brown leather cut out strap wedge heels shoes 8 1/2,las señoras Anne Michelle Sandalias de tacón " f10460",Joan & David brown leather womens high heel shoes size 9 1/2 M usedKenneth Cole Womens Golden Heels A406206 size 8 Leather UpperSoft Style by Hush Puppies Danette Black Womens Shoes Size 6 M Heels MSRP $59,Gentleman/Lady BROWN FAUX SUEDE HEELS SIZE 8 Charming design Upper material Excellent function,Gentleman/Lady Style & Co. Womens Seleste Open Toe Ankle Strap Classic Pumps Attractive and durable Ranked first in its class List of explosions RG208,Man/Woman Ladies Anne Michelle Peep Toe Sandals Quality queen First batch of customers Global saleswomens anne michelle damita brown beaded ankle strap heels shoes size 8 1/2PALOMA Womens Brown All-Leather Pumps Size 6M Made in Italy EUC R77,Man's/Woman's Next slingbacks 6 Special purchase High quality and economy Seasonal hot saleBakers Gold Sandal with Straps and Snake Print,BCBG generation shoes NWT. Black Sandals Size 6
This program is described on the official site for borrowers who want to lower monthly mortgage payments, "making them more affordable and sustainable for the long-term".
According to the official website, HAFA “provides homeowners the opportunity to exit their homes and be relieved of their remaining mortgage debt through a short sale or a deed-in-lieu of foreclosure (DIL). It also provides homeowners with $10,000 in relocation assistance”.
This program is designed to temporarily lower or suspend a qualifying borrower’s monthly mortgage payment, “giving you some much needed breathing room while you search for your next job” according to the official site.
Each of these programs has specific criteria borrowers will need to meet in order to qualify. Some programs require you to be current on your mortgage and apply before missing payments, etc. Othes may be available for those who have fallen behind on mortgage payments. Some of these programs will help borrowers keep their homes and stay in them, while at least one is designed as a short sale/foreclosure avoidance plan.
BCBGeneration Heidi Pointed Toe Black Heel Pump Size: 8.5MAnne Michelle F9914 Nude Mujer / Microfibra Zapatos de Salón Ru 3 a 7 (R21A)Anne Michelle F9913 femmes lilas MEURS COUPE détail Escarpin UK3 pour 8 (27a),womens paris blues aged brown tassel wedge heels shoes size 8 1/2,Call It Spring Womens' (Sz 7.5) Agrirewiel Pumps, Pewter (3417P),CLARKS Bendable Mirabelle Holly Womens Studded Leather Heel Mules 7M,Vintage Clear Jellies Styled Glitter Strap Slip On Heels Lounge Sleep Sandals 9,Men's/Women's Bandolino shoes size 6 Brown Year-end special promotions In short supply Known for its excellent quality,Report Tulipe High Heel Pumps Women Size 7.5 Leather upper,Anne Michelle Silver Strappy Diamante Sandals F10300 UK3x8 (33B),LADIES SANDPIPER BLACK PEEP TOE SHOES STYLE BECKY,Man/Woman Bcbgeneration shoes Modern and elegant fashion Price reduction Excellent function,Charles David Blue Print Heels Size 10,Brand new. New look strappy suede tote pink heels 6,Bandolino Size 7M Brown Leather PumpsPenny Loafers 3" Block Chunky Heels,ZPP-10A Zigi New York Women's Peep-Toe Platform Heels, Brown, Size 10M USBoutique Barely There Diamante High Heel Stiletto Sandals / Shoes SA315CHINESE LAUNDRY Z-FEARLESS/WOMEN'S ANKLE STRAP PUMPS CLASSIC HEELS SIZE 6MAnne Michelle f9913 Mujer Lila Troquelado DETALLE Zapatos de salónNine West Black Pumps with Silver Buckle Size 5 1/2,MADDEN GIRL)WOMEN'S PUMPS CLASSIC HEELS SIZE 9M,womens truflex lazo brown leather cut out band heels shoes size 7,Man/Woman ladies shoes size 6 Exquisite (middle) workmanship Beautiful have fun,Paulie Black Leather Slip On Wedge Clog-Size 7 1/2 Med-SHIPS FREE,Merona Black Leather Slip-On Heels Size 8,JESSICA SIMPSON NWING BLACK SUEDE ANKLE STRAP HEELS Sz 5 1/2Kenneth Cole - Brownz Leather Heel Sandals Sz 6 M,Black New Round Toe Slip On Casual Platforms Wedges Low Heels Womens Shoes,Man/Woman Bow Detail Shoes Size 5 Elegant appearance Latest styles Human border,Señoras de Puntos Negro Zapatos Salón con Recortes Diseño & Diamante Imitación,
Do you know what's on your credit report?
Learn what your score means.
July 5, 2012 - The Department of Housing and Urban Development says FHA/HUD approved housing counseling is an important option for families who purchase their first homes and those struggling to prevent foreclosure.
August 9, 2011 - Missing a single payment isn't necessarily the road to foreclosure, but it's crucial to act quickly to stay far away from issues related to FHA loan default and/or foreclosure proceedings. This advice also applies to FHA HECM loans.
March 31, 2011 - The 203(k) loan program provides qualified borrowers with an FHA guaranteed loan for rehab homes. This loan is for those who want to live on the property to be improved as the primary residence, it's not meant for landlords or investors.
January 5, 2011 - Home Equity Conversion Mortgages or FHA HECM loans for short, are for borrowers aged 62 and older who want to take advantage of the equity built up in their homes.
January 5, 2011 - In 2009, the The Making Home Affordable program was introduced to help struggling home owners avoid default and foreclosure on their home loans, including FHA mortgages and equivalent programs for VA home loans.
FHA.com is a one-stop resource for homebuyers who want to make the best decisions when it comes to their mortgage. With our detailed, mobile-friendly site, individuals can access information about different FHA products, the latest loan limits, and numerous other resources to make their homebuying experience easier. Take a look at some of the reviews from other FHA.com visitors!
Purchase or refinance your home with an FHA loan. You can get one with a down payment as low as 3.5%. Browse through our frequent homebuyer questions to learn the ins and outs of this government backed loan program.
FHA.com is a privately-owned website that is not affiliated with the U.S. government. Remember, the FHA does not make home loans. They insure the FHA loans that we can assist you in getting. FHA.com is a private corporation and does not make loans.