Yes they are! Here are extracts from my source: FLORIDA FIRST - All buyers who qualify for a bond loan qualify for this 30 year, fixed rate product that may be used with one Florida Housing down payment and closing cost assistance second (HAMI or Florida Assist). Current Rate is 6.65% and $18,904,000+ is available.
HAMI DPA is available to all who qualify for the bond program's income limits. It's available at a rate of 5.00% for up to $5,000. This is a 10-year amortizing second mortgage loan.
Call me at 954-665-4973 for further information and to discuss any other options.... more
That's a decision only you can make. Can you afford the payments? Can you sell it? If you let it go (I'm assuming you mean foreclose), is it worth ruining your credit? Maybe you could rent it out if you can't sell it? You might want to talk to your lender (not sure of your circumstances as there's not much information in your question) and you might want to talk to a local Realtor.
For additional information, please contactMatthew LippmanGrants Writer954firstname.lastname@example.org NSP1 Sub. AmendmentNSP3 Sub. AmendmentThe City of Margate Home Rehabilitation Program is designed
Complaints allege Sunbelt Credit, CES Mortgage took upfront fees By Diane C. Lade, Sun Sentinel The Florida Attorney General's Office has opened an investigation into two affiliated Margate businesses
You have to go through your lender for the HAMP (Home Affordable Modification Program) program.
The government web site for the various programs is http://www.makinghomeaffordable.gov/ It's possible a HUD-approved housing counselor may be able to help. From the government's web site:
A HUD-approved housing counselor will talk to you about your situation and help you decide what mortgage options are best for you. A counselor will explain what documents you will need to provide to your mortgage company and may be able to contact the mortgage company on your behalf.
If your daughter is delinquent on her mortgage, here's the number to call: 888-995-HOPE (4673)
Hope that helps.
A housing counselor can also help you make a budget so that you can meet your monthly mortgage payment and other expenses. The counselor will have information about local resources that may be helpful to you.
There is no charge to work with a HUD-approved counseling agency.
HUD sponsors housing counseling agencies throughout the country that can provide advice on buying a home, renting, defaults, foreclosures, credit issues, and reverse mortgages.
Here's a link to finding a HUD-approved counselor: http://www.hud.gov/offices/hsg/sfh/hcc/fc/... more