Adjustable Rate Mortgages Grants

What is the aim of the Adjustable Rate Mortgages Grants?

To provide mortgage insurance for an adjustable rate mortgage which offers lenders more assurance of long term profitability than a fixed rate mortgage, while offering consumer protection features.

Who is Eligible to Apply for the Adjustable Rate Mortgages Grants?

All persons intending to occupy the property are eligible to apply for the Adjustable Rate Mortgages Grants.

How and Where to Apply for the Adjustable Rate Mortgages Grants?

Applications for the Adjustable Rate Mortgages Grants is submitted for review and approval or disapproval to the local HUD Field Office through a HUD-approved lending institution.

For more info on the for the Adjustable Rate Mortgages Grants, contact:

The Homeownership Center serving your State (see http://www.hud.gov/offices/hsg/sfh/hoc/hsghocs.cfm) or the nearest local HUD Office.

Headquarters Office
Wanda L. Sampedro, 451 7th Street, SW, Washington, District of Columbia 20410
Phone: (800) 225-5342
Email: info@fhaoutreach.com
Web Site Address: http://www.hud.gov/offices/hsg/sfh/ins/singlefamily.cfm

Leave a Comment

Previous post:

Next post: