Miami, Miami Beach and Coconut Grove real estate and homes for sale in Florida, beachfront, oceanview properties - Ron Fillion, P.A., Broker-associate, REALTOR® Ron Fillion,  P.A., Broker-associate REALTOR(r) for Miami, Miami Beach and Coconut Grove, Florida real estate, beachfront, oceanview properties - NUMBER1EXPERT™ Ron Fillion,  P.A., Broker-associate NUMBER1EXPERT(tm) for Miami, Miami Beach and Coconut Grove, Florida real estate, beachfront, oceanview properties
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Ron Fillion,  P.A., Broker-associate, REALTORŪ, real estate agent and broker for Miami, Miami Beach and Coconut Grove Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Financing Your Home >FHA Advisory

If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program.

To be considered eligible for assistance, the home must your principal residence. You must be at least three full payments behind on the mortgage, and the reason for your failure to make the mortgage payments must be due to circumstances beyond your control, such as unexpected unemployment. The FHA must be reasonably certain that you can resume making the payments at the end of 36 months and that the accrued deficiencies will be paid back before taking over the loan.

The Veteran's Administration also has a mortgage assistance program for those who have VA mortgages.

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Real Estate Trivia
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What is a "jumbo mortgage"?

A 
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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Ron Fillion,  P.A., Broker-associate, REALTORŪ, real estate agent and broker for Miami, Miami Beach and Coconut Grove Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Ron Fillion, P.A., Broker-Associate / Area Manager
Ocean View Intl Realty

Cell: 305-742-3435
Toll-Free: 866-765-3297
Toll-Free: 866-Sold-By-Ron
Fax: 305-448-0803
Email: RonFillion@aol.com

Ron is a true professional that is committed to excellence. He is a leading real estate expert in Southeast Florida, providing exceptional Service, Marketing and Results. Ron also speaks French & Spanish. He can be reached anytime toll free at 1-866-SoldByRon (765-3297) or direct at 305-742-3435, email him at RonFillion@aol.com or visit his web sites at www.MillionFillion.com.

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Ocean View International Realty real estate and homes for sale in Miami, Miami Beach and Coconut Grove Florida

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