“Exit Gracefully”: Information about MHA’s Short Sale programs, read more about Short Sales, and how Settlement Prep can help you here.
“FHA Short Refinance”: Information from MHA about short refinances, a product Settlement Prep has mastered over the past several years, learn more about how we can help reduce your principal here.
“FHA Mortgagee Letter”: FHA will make loans to qualified borrowers as early as one day out of Short Sale (see page two). Call today to learn more about this amazing opportunity!
Here is an explanation from the Federal Trade Commission (FTC) regarding resources to obtain your free annual credit report. Many companies offer this at a fee; the Fair Credit Reporting Act (FCRA) requires each bureau provide you a copy of your credit report once a year at no cost. Read more here.
Get your free credit report here on the FCRA authorized site:
The FTC also provides this helpful guide to disputing errors on your report.
The following links are from Consumer Financial Protection Bureau (CFPB) and Federal Deposit Insurance Corporation (FDIC) releases about non-traditional mortgage products. Our expert staff is always eager to assist you!
More Resources for Homeowners:
Considering one of our Principal Reduction Programs and have questions about the tax implications? Read about the 2007 Mortgage Forgiveness Debt Relief Act via the links below. (Read more about principal reduction opportunities here.)
The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
The Mortgage Forgiveness Debt Relief Act of 2007 was extended through 2013 by the American Taxpayer Relief Act of 2012