If you are facing unemployment or have money problems, or if you live or work in an area declared a disaster by the President, or if you or your spouse is on active military duty then help may be available from
the U.S. Department of Housing and Urban Development (HUD).

You may be able to keep your home if you know the right steps to take. Below we provide links to important information and local organizations that can help you get through difficult times without losing your home. Government organizations and the mortgage industry worked together to provide this information to help you keep your home.

FHA Help for Borrowers who's ARMs adjusted

Click on this report to read the FHA Handout on the FHA Secure Program. This program helps people who bought their home with and adjustable rate mortgage and are having trouble with their payments.

Even if you do not have an Adjustable Rate Mortgage and are facing financial problems, there are steps you can take to avoid foreclosure and keep your home. THIS LINK will take you to an FHA page that gives you the steps you should take now if you are facing foreclosure. The information provided is extremely useful and gives you exact steps to take that can result in heading off foreclosure before it happens. Your bank would rather work with you than repossess your home. It costs them less to take a small loss on the sale of the home than it does to foreclose on you. It's called a Short Sale. Your bank can tell you if your home could be sold in a Short Sale.


One of the steps recommended is to talk to a credit counselor. THIS LINK will take you to the web site of Consumer Credit Counseling of Springfield. They can help you get back on track with your mortgage and other debt.





Our series of free reports is designed to educate you on the Springfield real estate market. Understanding Financing and Loans explains everything from how to shop for lenders to the current credit climate and how it will affect your ability to get a loan.

You Can Now Download The Reports Below These 9 reports contain a wealth of information vital to confident buying and selling of real estate in the Springfield market. Plus, you have access to our EXCLUSIVE Daily New Listings of homes in Springfield and 10 surrounding communities, updated every business day. Click on each of the reports below to download it.

Buyer's Agency Report	The Service We Provide to Buyers	Understanding Financing and Loans	FHA Help for Borrowers who's ARMs adjusted
Understanding Your Credit Score	Now is a Great Time to Buy	The Service We Provide to Sellers	Missouri Broker Disclosure Form
How to Use MLS Search