Foreclosure in 32311>Question Details

asplashgirl, Home Buyer in Tallahassee, FL

Does anyone know of any ginnie mae farm loan assistance? I am in default and they say not eligible for modification.

Asked by asplashgirl, Tallahassee, FL Thu Aug 9, 2012

through BB&T

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Lee Bridges, GRI & SFR’s answer
I am not an expert in the Ginnie Mae loans. But, the servicer of the Ginnie Mae loan can make modifications to the loan in some cases. If you are more than 90 days late in most cases the loan will go back into the pool and can be repurchased. You need to talk to your servicer and see if they can be of help. Here is a link that may be of some help with additional information for you. I hope this will help. http://www.ginniemae.gov/issuers/FAQ%27s_loan_modifications.pdf
Lee Bridges, GRI, Realtor
Community Realty
850-566-6344
Tallahassee, FL 32309
0 votes Thank Flag Link Fri Aug 10, 2012
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