FHA “Back To Work” Program is here.

FHA “Back To Work” Program is here.

fha-back-to-work-extenuating-circumstances-program

The FHA has waived its 3-year foreclosure waiting period.

Effective for FHA Case Numbers assigned on, or after, August 15, 2013, borrowers with a recent history of bankruptcy, foreclosure, judgment, short sale, loan modification or deed-in-lieu can apply — and get FHA-approved — for an FHA-insured mortgage.

The FHA Back To Work – Extenuating Circumstances program is the FHA’s “second chance” for mortgage applicants who have experienced financial hardship as a result of unemployment or severe reduction in income

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