Mortgage Master is approved for FHASecure

I just received our Mortgagee Letter from HUD announcing the details of FHASecure, the program designed to help home owners with non-FHA ARMs that have adjusted (reset) and are falling delinquent on their payments.  Since Mortgage Master, my employer, has been an FHA endorsed lender (a HUD Approved Mortgagee) since our inception, we are also allowed to provide FHASecure mortgages for home owners in need.

Hopefully home owners will contact their Mortgage Professionals well BEFORE their ARM resets.  In fact, I strongly encourage any home owner with an adjustable rate or balloon mortgage that is scheduled to adjust 24 months or sooner to take action now and develop a strategy for exiting their ARM.

For more details on FHASecure, click here.