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Trose@westernohiomortgage.com
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Teresa Rose

NMLS ID 286923

800-736-8485 Trose@westernohiomortgage.com

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FHA BACK TO WORK PROGRAM

On August 15, 2013, The U.S. Department of Housing and Urban Development announced a new program designed to assist homebuyers who have been faced with difficulty in getting a home mortgage.  The FHA BACK TO WORK PROGRAM provides relief to borrowers who have experienced a reduction in income that in turn resulted in a Foreclosure or Bankruptcy.  Typically, if one of these events occurs in a borrowers credit profile, they must wait 2-3 years to be eligible for any type of mortgage financing.   With the Back To Work Program, the borrower will onl...

August 28th, 2013 | bankruptcy, foreclosure, FHA BACK TO WORK PROGRAM