Saturday, April 12, 2014

Have you, or someone you know, lost a home through short sale or foreclosure?

If you lost your home in a short sale or in a foreclosure, you would normally have to wait 36 months to purchase a primary residence again with an FHA fixed-rate mortgage. However, the FHA Back to Work Program allows a buyer to purchase a primary home just 12 months after a foreclosure, short sale or a deed in lieu of foreclosure. Do you qualify?  

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