Duck! Your Mortgage has Raised the ARM, it is Swinging at you and About to Knock You Down! Kendra Pack is your Body Guard from Bloomfield Financial Services, Inc and she will Fight Back and Break the ARM!

FHASecure is a Great Program for Assisting Borrowers who are Currently in a Conventional Adjustable Rate Loan.

Are you delinquent in your mortgage payments? Is your delinquency a direct result of the adjustable rate reset? FHASecure is a new program, available until December 31, 2008, designed to offer relief to this situation by refinancing your home. Kendra Pack, a mortgage specialist, can explain how this program works and help homeowners achieve security and financial stability by “breaking the ARM” of their current mortgage.

The following is some of the criteria required to be eligible for this program:

Single-Family (1-4 units)
Owner occupied, principal residence
Must meet FHA underwriting criteria for new loan
FHA maximum=m loan limits apply
May cover other expenses

Eligibility if you are delinquent:

Non FHA-ARM that has reset
Delinquent as a result of the ARM reset
Previous consecutive 6 months of payments, prior to reset, made within the month due
Must have sufficient equity in home – or -
Lender can take a 2nd mortgage for the amount not included in FHASecure loan – or -
Current lender agrees to write off the amount not eligible for inclusion in FHASecure loan

Eligibility if you are not delinquent:

Can assist borrowers who are current on their mortgage, but are either facing and ARM reset or have actually had an ARM reset
Underwritten the same as a regular NO-Cash-Out refinance
Delinquent/derogatory debts resulting from the borrower choosing to pay the mortgage instead of other obligations may be waived.

Kendra Pack can explain the details and get you started today! Visit our website at http://www.realproperty-investors.com/index.html

Call Kendra at 248-538-7474 for an appointment