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FHA’s Back To Work Program – Own A Home Again!
By Leesa Sandoval
FHA’s Back To Work Program – Own a home again with a shorter waiting period after an economic event! How would you like to be eligible for an FHA loan and not wait 3 years after a foreclosure, pre-foreclosure or deed in lieu? I’m sure it wouldn’t take long for you to answer, YES! FHA has made this possible through Mortgage Letter 13-26 with their Back to Work Program!!
Read MoreDon’t Be Scared of Foreclosures or Homes in Need of Renovation!
By Leesa Sandoval
Current market conditions dictate that lenders are able to offer versatile lending programs to their customers. Specifically being able to offer renovation lending options is key. Almost 70% of America’s homes build before 1992 and the vast inventory of foreclosed properties are uninhabitable. This alone means that consumers will need options to be able to move into these homes. Coupled with that you, as the Realtor, need inventive ways to market, list and ultimately sell these homes.
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