FHA Back to Work Extenuating Program

FHA Back to Work Extenuating Program – Buy Again, 12 Months From Short Sale or Foreclosure

The FHA Back to Work Extenuating Program provides financing for borrowers that recovered from financial hardship that resulted in a short-sale or foreclosure.

FHA Back to Work Extenuating Program
If you has experienced any of the following financial difficulties, you may be eligible for the FHA Back to Work Extenuating Program:

  • Pre-Foreclosure Sales
  • Short Sales
  • Deed-in-Lieu
  • Foreclosure
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Loan Modification
  • Forbearance Agreements

Program summary:

  • Show credit impairments resulting from loss of employment or loss of household income
  • Loss of employment and/or income 20% or more for 6 months or longer
  • The recovery periods begins the month of loss of employment/income
  • Demonstrate full recovery and complete housing counseling
  • Re-establish of credits for 12+ months for short-sale or foreclosure

Contact Us to find out whether you qualify for the program.

Tags: ,

Leave a Reply