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Real Estate Tips
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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The Dave Bueker ''Smooth Move'' Team, REALTOR®, real estate agent and broker for Crestwood, South St. Louis County and Sunset Hills, Missouri home listings, property and land for sale - NUMBER1EXPERT

The Dave Bueker 'Smooth Move' Team
Keller Williams St. Louis

10936 Manchester Rd.
Kirkwood, MO 63122
314-677-6100
Fax: 314-677-6103
Email: davebueker@NUMBER1EXPERT.com

Dave Bueker is one of the most dedicated and committed real estate professionals in the St. Louis area. The Dave Bueker "Smooth Move" Team dedicates 100% of its time delivering first-class service to its customers. We are interested in building strong, lasting, lifelong relationships...one person at a time.

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