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FHA "Back To Work Program"

FHA "Back To Work Program"

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Liberty Mortgage Associates is proud to offer FHA's "Back to Work" program. This program is designed to help families who lost their homes due to the recent economic downturn. This program extends FHA's present underwriting guidelines to allow for the following after one year:

    Pre-foreclosure sales
    Short sales
    Deed-in-lieu
    Foreclosure
    Chapter 7 bankruptcy
    Chapter 13 bankruptcy
    Loan modification
    Forbearance agreements

Borrower would need to complete a financial management class, present documentation of a 20% decrease in income and that credit was reestablished after the event.

The "Back to Work" loan program offers down payments as low as 3.5%, competitive rates and loan amounts up to $417,000.00.

Apply online today!

Tuesday, 01 August 2017 09:24

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