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FHA Secure

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FHA Secure is designed to help people who are good borrowers but were steered into teaser mortgage rates.

To qualify for FHA Secure, you must meet the following five criteria:

  • A history of on-time mortgage payments before your teaser rates expired. You may even have missed several months of payments.
  • Interest rates must have reset, or will reset, between June 2005 and December 2009.
  • Offer a minimum of 3% cash or equity in your home.
  • You have a sustained history of employment.
  • You can prove that you have sufficient income to make the mortgage payment.

The package includes a premium you have to pay for mortgage insurance (which is supposed to prevent risks to the taxpayer of the program).

To learn more, see: www.fha.com/fha_secure.cfm offsite link or call: 866.733.0377.


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