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26 September 2013

FHA “Back To Work” Program Lenders

A few very important things to note about the FHA “back to work” program are: 1. It’s a brand new program and many lenders have NOT rolled it out yet. 2. HUD requires  a 1 hour counseling session with a certificate of completion prior to applying for the mortage 3. HUD requires a 30 day waiting […]

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A few very important things to note about the FHA “back to work” program are:

1. It’s a brand new program and many lenders have NOT rolled it out yet.

2. HUD requires  a 1 hour counseling session with a certificate of completion prior to applying for the mortage

3. HUD requires a 30 day waiting period after the certificate of completion for the counseling course prior to getting your loan approved.

There are many loan officers eager to try to help you with this program however many of them do not know the aforementioned very important requirements.  We have heard many times that someone has received a pre-approval letter even prior to completing the 1 hour counseling course.  This is going to end up bad in the end for those people.

This is where we come in.  This is what we do.  We have this figured out all the nuances that come with this new program.   We do it all day, every day and we are very good at it.   Call us for a free consultation on how we can get you pre-approved for the FHA back to work program with confidence.   Don’t let someone “practice on you” while they are learning about this program.  Our selected direct lender funds these loans and you can be assured that you will be getting a very competitive rate and quick closing.   When you call, you will speak directly with a loan officer who can help you and answer all your questions.  Call today to get the process started.  (888) 634-4260

 

 

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