Mortgage Info

FHA recently announced updated guidelines for borrowers that experienced a "economic event" and can document the situation per FHA guidelines. It's called the "Back to Work" Program. FHA allows for the consideration of borrowers who have experienced a defined "economic event" and can document that certain credit imparements where the result of loss of employment, a significant loss of household income beyond the borrower's control occurred, the borrower has demonstrated full recovery from the event and has or will be completing a housing counseling as part of the loan process. Contact me today for more information or to apply!