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Patty May
Guest
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Post subject: Section 8 for existing homeowner |
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| I have a mortgage. Can I get assistance from Section 8. Or is the home ownership program just for new home buyers? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10477
Location: Nevada
990.06 Dollars($)
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Post subject: |
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Hi Patty,
As far as I know, normally the first time homeowners will get assistance from Section 8. People who have existing homeownership may not be able to get this assistance.
Thanks |
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Jimbob
Guest
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Post subject: |
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| Please help! I purchased a home last year and due to lack of work this year im having trouble paying mortgage. I already had to drop my health insurance because the mortgage was my priority. I am self employed. I there any assistance you can recommend? |
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adonis
Joined: 22 Oct 2005
Posts: 10570
Location: ALASKA
1090.22 Dollars($)
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Post subject: |
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Hi Jimbob,
You can contact your lender and apply for a loan modification. If the lender accepts your request, then you will be able to save your property and get a better payment plan to pay off your mortgage.
_________________
Procrastination is the enemy of your financial success |
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Lost:(
Guest
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Post subject: Owner finace never been on section 8 |
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Im buying a house owner financed. I find it harder and harder to make it with the cost of everything going up. Ive never received section 8 before and was wondering if owner finace with the other criteria meet if I can still receive section8 mortgage vouchers.  |
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jerry
Moderator
Joined: 17 Oct 2005
Posts: 2708
Location: MICHIGAN
429.63 Dollars($)
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Post subject: |
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Hi Guest,
Though I'm not sure but I don't think owner financed properties will qualify for Section 8. Nevertheless, you should contact the PHA and take their assistance in this regard.
Thanks |
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