Tags:
FHA is going to require you to be late on your payment. Your husband may or may not lose security clearance, he needs to talk to his employer ASAP
Did you answer your own question? :) Do you have the FHA guideline that says they do not have to miss a payment?
You have to be at least 30 days late on the closing date. Some servicers will require you to be 30 days late prior to issuing an approval (their personal preference) but HUD requires EVERYONE to be at least 30 days late when they close. You can be current through the entire process and miss one payment only. That wouldn't be as bad :)
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.