"40 YEARS FHA LOAN IS COMING YOUR WAY STAY TUNE "

by Maria Del Carmen Sanchez

Homeowners and potential home buyers! Today I am excited to announce that the Federal Housing Administration has added a new 40 year mortgage modification option for borrowers. More information on this loan product will be released the month of May so stay tune on my page.

This new loan option will offer borrowers a longer loan term, up to 40 years, which can significantly reduce their monthly payments. This change can have an enormous impact on homeowners, assisting them in avoiding foreclosure and making their mortgage payments more affordable.

The FHA loan modification has long been a secure and reliable loan option for many, and this new change offers a unique benefit that could make all the difference in the world for some borrowers. With FHA’s modification terms, borrowers will be able to spread their outstanding balance across a longer period, making their mortgage payments more manageable.

This could be especially beneficial for those who are struggling to stay current with their mortgage payments. By providing homebuyers with more options on their loan terms, the FHA helps to ensure that borrowers have access to a loan that is tailored to their individual situation. With these mortgage modification options, borrowers can rest easy knowing that their home is secure and that their monthly payments are as affordable as possible.

We are thrilled that the FHA is taking this step to help borrowers in need and we are confident that this change will make a difference in the lives of countless homeowners. We hope that this change will give the peace of mind they need and open up the door to homeownership for those who may have thought it was out of reach before. Remember to stay tuned for more exciting announcements from the Federal Housing Administration!

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                    915 -309-6418

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Maria Del "Carmen" Sanchez

Agent | License ID: SL3369295

+1(915) 309-6418

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