Less than 9 percent have actually had their loans modified. Figures for South Florida were not released, but local borrowers are struggling under a slew of loans gone bad. More than 85,000 properties.
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The Florida Housing Finance Corporation provides a variety of homebuying programs that can make owning a home in the state much more affordable. We’ve highlighted a few programs below: Florida First. Florida First provides qualified buyers with a more affordable, 30-year, fixed-rate mortgage that is a government-backed FHA,VA, or USDA-RD (Rural Development) loan.
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New cases in Palm Beach. Florida, allowing more people to avoid bankruptcy: They’ve been able to refinance mortgages on homes that once were worth less than the owners owed, said Lake Worth.
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