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.
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.
Swee Ng, Realtor and Gilbert resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us.
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