Tag Archives: hud

HUD Shares Plans for New Reverse Mortgage Option

The following is a press release from the credit or debt world. The publication of this release by this site is not an endorsement of the release. WASHINGTON, Aug. 27 /PRNewswire-USNewswire/ — The Federal Housing Administration (FHA) announced today that it intends to make modifications to its Home Equity Conversion Mortgage (HECM) product, a reverse [...]

Can I Rent Out Some Rooms in My New Home With an FHA Mortgage? – JJ

“Dear Steve, Purchased home under an FHA loan. Will be inspected to see if I am a primary resident in a month and a half. If this is my primary residence, am I also allowed to rent out a couple of the rooms? JJ” The Answer:   Dear JJ, Well you want to be very [...]

Jason Has Not Paid His Mortgage in 10 Months And Wants to Keep His House

Jason wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]