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11/05/2013
Buy a Home with Little Down
10/30/2013
Mortgage One Year After Disaster
The waiting period after a bankruptcy, foreclosure, or short sale has been reduced to just one year from the event!
Back To Work FHA Program Requirements:
• Purchase Transactions Only.
• Housing counseling must be completed 30 days prior to loan application.
• The bankruptcy, foreclosure or short sale MUST be related directly to the loss of job or 20% income reduction for at least 6 months. This hardship needs paperwork documentation.
• Credit must have been satisfactory before the bankruptcy, foreclosure or short sale and be satisfactory for a minimum of 12 months after the event.
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