VDO of Mortgage Assistance Program KYHC Woodland Short Sale Agent and Default Advocate Mike Rigley
Mortgage Assistance Program KYHC Woodland Short Sale Agent and Default Advocate Mike Rigley Video Clips. Duration : 2.60 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from 2012 Income Tax Brackets. www.shortsaleandloanmod.info Woodland Short Sale Agent and Default Advocate Mike Rigley The Keep Your Home California Mortgage Reinstatement Assistance Program for Woodland Homeowners What would you say to an offer of 000 to bring your Woodland loan current? Heck ya in most cases right? That is exactly what the Keep Your Home California Mortgage Reinstatement Assistance Program or MRAP is. MRAP provides assistance to eligible Woodland homeowners who, because of a financial hardship, have fallen behind on their payments and need help to reinstate their past due first mortgage loan. Benefit assistance through MRAP can be a one time payment of up to 000 to cover principal, interest, taxes and insurance, as well as any homeowner's association dues. To qualify the Woodland Homeowner must qualify as a low-to-moderate income household, as follows • You must be in the low-to-moderate income bracket of 120% or less of the Housing and Community Development Area Median Income 120%. The HCD median income for a family of 4 in Woodland County is currently 320 • You will need to complete and sign a Hardship Affidavit / 3rd Party Authorization documenting the reason for the hardship • Your Payment including Principle, interest, taxes and insurance cannot exceed 38% or your gross monthly income and you must have adequate income to sustain the payment • You must agree to provide all necessary documentation to satisfy program guidelines established by CalHFA MAC. • You must be no ...
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