Best Options when you can't afford your new Mortgage Payment
How to Save Your Home and Possibly Stop Foreclosure Homeownership struggles are real, even while the country gets back to work. That is clearly evident in the increases in Metro Atlanta Foreclosures lately. If you are struggling to keep your home, please read this answer offered to an inquirer recently for valuable insights that may address some questions that you may have about home preservation. The first step should be a heart-to-heart discussion with your loan servicer about the options available for your type of loan. The FHA loan takes a lot of hits because of the PMI associated with it with no regard for the benefits offered through the insurance. Unlike conventional mortgages, lenders are usually more likely to work with FHA borrowers who purchased or refinanced into one of these products. The Department of Housing and Urban Development offers programs such as loan modifications, partial claims, and even reductions in the principal all designed to...