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Uploaded 02/13/2014

FHA Back to Work Program

A new federal program is helping families qualify for home loans in as little as one year after a foreclosure, short sale, or bankruptcy.  Find out more on Real Estate Beat.

Episode 11c

Hosts: Terry Bleecker and Gene Bleecker
Guest: Tami Cicerello

Taped: January 23, 2014
Televised:  February 10, 2014

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4 Comments for Real Estate Beat: FHA Back to Work Program
  1. So if you cant afford the one you had…lived in for a year or two for free until evicted, hey, lets give you another one. Wtf???

    • terry bleecker says:

      This program is designed for someone who took a reduction of income due to the economy and can show that they made rent payments on time for a minimum of 12 months after the significant credit event took place (short sale, BK, Foreclosure). There is another rule that you must have had a good credit rating PRIOR to the “significant credit event”…

  2. It sounds like it will make it it quite easy for people to walk away knowing everything will be fine in a year. Sounds like there will be many more foreclosures soon

    • terry bleecker says:

      This program is designed for someone who took a reduction of income due to the economy and can show that they made rent payments on time for a minimum of 12 months after the significant credit event took place (short sale, BK, Foreclosure). There is another rule that you must have had a good credit rating PRIOR to the “significant credit event”…

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