Facing difficulties making your FHA housing payments can be worrying, but it is crucial to know the likely effects and your available resources. Missed installments trigger a defined procedure outlined by the Federal Housing Administration, which can eventually lead to increased fees and affect your credit score. Moreover, the lender is obligate… Read More

Facing loss of home due to difficulty making house payment payments and considering Bankruptcy Chapter 7 bankruptcy? It’s crucial to understand how Fannie Mae, once the Federal National Mortgage Association, applies into this difficult situation. Usually, Fannie Mae doesn’t directly surface in a Chapter 7 case. They are a large investor that ac… Read More

Recovering financially after a Chapter 13 bankruptcy can be challenging, especially when seeking a new mortgage. In Arizona, FHA loans often offer a viable choice for borrowers who recently bankruptcy. These government-backed loans are known for their flexible underwriting guidelines, making them attractive to those with less-than-perfect credit… Read More