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.
WOMENS EVENING PEEP TOE PLATFORM STUDDED HIGH HEEL LADIES COURT SHOES SIZE 3-8JESSICA SIMPSON Women Classic Pump Slim Heels Size 8B Black And White,New Women Breckelles Swagger-02 Suede Open Toe Single Band Stiletto Sandal Size,Donald Pliner Suede Black Heels Size 8m,Men's/Women's Alfani Womens Glorria Closed Toe Classic Pumps Good world reputation Low price At an affordable price BH1742,Wild Diva "Girl-257" Grey Black Stitch Detail & Bows Vintage Pumps 10 NIB,Brash Womens Floral Wedge Lunar Platform Heels Size 7,Dyables Whitta Heels - Women's Size 9.5 B, NudeAnn Klein Womens Black Open Toe Sling back Wedge. 7.5,Black Leather shoes Size 6 costAUTREMENT DIT Escarpins Mules Cuir Corail et Beige T 38 TBE,Ladies White Vertbaudet trainers UK size 2,Euro-Soft Sofft Womens Heels Pumps Size 10 M Brown Faux Alligator Print (E),DV by Dolce Vita Notty Heels in Magenta, Pump, Leather, Purple, IOBGentleman/Lady Joanne Mercer 10 1/2 Ladies Shoes We have won praise from our customers. auction Speed refundWomen's Nina Silver Elegant Slip On Heels Size 9,Steve Madden Gold Glitter P-Karo Peep Toe Stiletto Platform Shoes Heels 7.5 EUC!,Ladies Black & Gold Shoes - Circle - Size 6,Free Shipping Womens Bowknot Suede Grace Pumps Block Mid Heels Pointy toe Shoes,Man's/Woman's Ladies Spot On F9697 Wedge Shoes The Style ~ K Durable service low cost Famous store BH3571,ARRAY Chorus Closed Toe Women's Burgundy Leather Mules 6 M,Man's/Woman's femmes Anne Michelle f10531 frange chaussures Louis, elaborate Impeccable AmoyNaturalizer Larue Brown Leather Slip on Shoes Clogs Strap and Buckle Size 9.5MGentleman/Lady Shoedazzle Black Stilettos 5.5 Economical and practical Settlement Price Sales online storeMARIVE-5 Wedges Party Prom 3.2" inch High Heel 1" Platform Women Shoes Silver,Men/Women Womens Shoes High security Elegant style Personalization trend,AK125-B IL GRECO shoes white leather women courts,Gentlemen/Ladies Woman's Shoes Size 5 service Skilled manufacturing Suitable for color,ladies suedette court shoes with silver glitter chunky high block heel,Anne Michelle champagne à lanières diamant Sandales F10300 (R23a),
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.
Viva La Diva Black Patent Heels Size 5,Chaps Leather Heels Peep Toe Size 9 Black 4" Heel Excellent conditionWOMENS Footglove Wider Fit Beige Leather Flat Shoes Excell.Cond.,Clarks womens red leather mid heel shoes,Man's/Woman's Sportsgirl Size 7 Tan Heels High quality and low overhead At a lower price Highly appreciated and widely trusted in and out,ladies black patent high-heeled shoes size 39 size 6Steve Madden Carrson Women’s Size 7.5 Taupe Suede Ankle Strap Sandals X13-2033,Brand New Ladies Nude Suede Pointed Toe Court Shoes Size LAST PAIRJillian Brett Anckle Strap Women Pumps Black Size 8.5BNew MUNRO AMERICAN women's classic black fabric comfort mid heel shoes 8.5N,Men/Women Womens shoes size 7 Aesthetic appearance Bright colors TRUE,GIANNI BINI Womens Wedges "Maui" Brown Gold Peep Toe Sling back Sz 7.5 (RK440),Gladiator Platform Sandals, by Charlotte Russe, Ladies 6.5, Used,Tan Multi Peep Toe Slingbacks Ankle Strappy Womens Chunk Heels Shoes Size 9,womens shoes BRUSCHI 3 () courts black suede AJ657-B,Men/Women Womens Ladies Studded Espadrilles Buckle Party Platform Shoes Wedge Sandals Size Fine processing Year-end sale Known for its beautiful quality BV1771,CARRIAGE COURT WOMEN'S BLACK HEELS SHOES SIZE 8B,Chi Falchi Cream Leather & Snakeskin Studded Peeptoe Pumps 5.5 New,Gentlemen/Ladies Ladies Clarks Shoes Size 4 Attractive and durable Various types and styles Fashion dynamic,Size 7 black faux suede with a glittery toe court shoes from Marks and Spencer,GIRL EXPRESS ANIMAL PRINT LEOPARD SHOES HIGH HEELS SIZE 7,Stunning Ladies Next High Heel Shoes Size 8, 42Men's/Women's Jane Shilton Shoes Excellent craft Ranked first in its class Shopping promotion,LADIES WOMENS STILETTO HIGH HEEL PARTY EVENING OPEN TOE ANKLE STRAP SANDALS SHOE,SEXY Women Block High Heels Sandals Peep Toe Zipper Chunky Shoes Ankle Boots,Womens Ladies Perspex Strap Jewel Gem Embellished Stilettos Heels Sandals Size,Ladies Girls Shoes Sandles Sz 4 Great Cond Pretty Wedge Heel Jude Beige ColourFranco Sarto Vasca Leather peep toe block heel Womens sz 6.5 Brown Buckle,Madden Girl Heels Hopee Women's Platform Open Toe Faux Suede Black Silver Sz 10,Guess Marciano Black Leather Sandal Size 4 M
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.