Welcome to the FHA Insurance member of the unclaimed money family.

If you had an FHA-insured mortgage, you may be eligible for a refund from HUD/FHA. Anyone who financed their home with a HUD/FHA loan was required to take out a mortgage insurance policy which protected the actual Lender in case of default.

The cost of this insurance policy was paid at closing and could have cost up to 3% of the loan amount. This FHA-mortgage insurance policy was financed and added into the mortgage amount explaining why many homeowners have forgotten they had paid for this insurance premium.

If the homeowner paid off the loan early, sold the home or refinanced the loan with a lower non-FHA loan, the mortgage insurance policy is terminated.
If the policy was short rated, not allowed to go to full term, it is very likely, the homeowner is due a prorated refund of their unused insurance premium.

By the time HUD/FHA is notified that the insurance is to be terminated, the homeowner likely has moved on. HUD/FHA sends a letter to homeowner informing them of refund eligibility to the last known address and the homeowner never receives the notice. Currently there are over 750,000 individuals who are owned over $500,000,000 in unclaimed FHA mortgage insurance refunds.

We are able to resource information in databases that include all of these FHA Mortgage insurance unclaimed refunds, plus Mortgages for indian reservations, Hawaiian Home Lands, and Native American Lands data.

You may be eligible for a refund of a portion of the insurance premium if you:

- acquired your loan after September 1, 1983
- paid an up-front mortgage insurance premium at closing and
- did not default on your mortgage payments.

Distributive Share: You may be eligible for a share of any excess earnings from the Mutual Mortgage Insurance Fund if you:

- originated your loan before September 1, 1983
- paid on your loan for more than seven years and
- had your FHA insurance terminated before November 5, 1990.

To determine if you or a member of your family is entitled to unclaimed money from FHA Insurance, review the mortgage settlement papers or check with your mortgage company to determine if you paid an up-front FHA mortgage insurance premium. You can also visit our web site
http://www.unclaimed-money.nichetray.com  and allow us to assist you.


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