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Call your states Housing authority for help loans or if they are in a variable rate checkout the FHASecure loan. Its very difficult to find an FHA Secure lender so contact FHA directly www.hud.gov.

Another option would be to try to get a modification from the existing lending. With all the foreclosures banks are working out deals much more often then before. Ie reducing the rate, skipping some payment to catch up.

I would checkout all three options. The work out with your lender is usually the best.

Mortgage Loan Officer in PA

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Q: My kids have 30 days to save their home how can they do this and get their pymts lowered so they can afford it?
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