FHA’s Back To Work Program allows home buyers to purchase a primary residence in as little as 12 months following a short sale, foreclosure, or deed in lieu of foreclosure.
Learn more: FHA Back to Work Program, Extenuating Circumstances.
The FHA recently came out with new guidelines to allow borrowers who have experienced a short sale, foreclosure or bankruptcy due to extenuating circumstances to be able to enter the housing market more quickly than before. Under the FHA Back to Work Program guidelines, if a borrower meets the following general criteria they may be able to buy a home just one year after experiencing one of these hardships.
The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.
