HomeHardship

Partial Claim For borrowers with F.H.A. Loans Partial Claim is an option offered by the F.H.A. that allows a borrower, with help from a lender, to get an interest-free loan from H.U.D. to bring their mortgage payments up to date. The loan amount cannot exceed the equivalent of 12 months worth of payments and you [...]

In some cases bankruptcy can forestall foreclosure or help you reorganize your other debts in order to make it possible for you to pay mortgage.   Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies can generally be [...]

The HECM FHA insured reverse mortgage can be used by senior homeowners age 62 and older to convert the equity in their home into monthly streams of income and/or a line of credit to be repaid when they no longer occupy the home. The loan, commonly known as HECM, is funded by a lending institution [...]