NICHE FOR ALL REALTORS THAT SPECIALIZE IN SHORT SALES
For all the realtors that had clients that short sold their homes in the last 6 to 22 months you have a opportunity to put these borrowers in homes under the new FHA -Back to work Program.
FHA is now allowing financing for borrower that have had a short sale, foreclosure, bankruptcy, or deed in lieu in the last 12 months assuming they can prove that this was due to an economic event such as a 20% reduction in income or loss of job.
The borrower must demonstrate 12 months satisfactory housing history, attend a credit counseling course, and demonstrate that they have stable income and work history and they must have reestablished credit.
For more details Contact your FHA Expert-Robert Cloud
Just trying to keep America in homes..
Robert Cloud
Branch Manager
Pinnacle Capital Mortgage
800-254-9659 ext 180
CA-DOC 319471
AZ-81395
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