Get A Second Chance At Homeownership, Thanks to the FHA Back-to-Work Program, prospective homeowners who filed for bankruptcy can buy again within a year., A consumer who sold his or her home in a short sale or lost it in a foreclosure 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.Continue Reading...
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