Archive for August, 2013

3-Year Foreclosure-Waiting Period Waived

FHA has waived its 3-year foreclosure-waiting period. Mortgagee Letter 2013-26 Released August 15, 2013. The FHA Back To Work – Extenuating Circumstances program ends September 30, 2016.

Effective for FHA Case Numbers assigned on, or after, August 15, 2013, borrowers with a recent history of bankruptcy, foreclosure, judgment, short sale, loan modification or deed-in-lieu can apply and get FHA-approved for an FHA-insured mortgage.

If you have experienced any of the following financial difficulties, you may be eligible :
Pre-foreclosure sales
Short sales
Chapter 7 bankruptcy
Chapter 13 bankruptcy
Loan modification
Forbearance agreements

Call for details…

DeAnna Rehnert

[email protected]

(714) 815-6215


Why did most Californians purchase their home in 2013?