The Federal Housing Administration (FHA) has been in existence since 1934. FHA has insured millions of residential mortgages over the years. It is a viable alternative to "creative" financing for those who have less than perfect credit, or for those who may not have enough money for a down payment.
Are you currently having difficulty making your mortgage payment, or do you have a client that needs to refinance in order to avoid foreclosure? Did you know that FHA is currently offering the Hope for Homeowners program that assists those homeowners who are at risk of being foreclosed upon? This program, created by Congress, will be available from October 1, 2008 to September 30, 2011. Please click H4H for more information.