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FHA Insured Loans and Foreclosures

If your mortgage is an FHA insured loan, then you may have some other options instead of foreclosure when you are behind in your mortgage payments. Depending on your situation, you may qualify for other programs to avoid foreclosure on your home.If you are not sure if your mortgage is FHA insured, you can look at your original mortgage papers or call your mortgage lender and ask.Here are some examples of special programs that may be able to help you avoid foreclosure if your mortgage is FHA insured: more...