FHA has announced a new program that just might work for some of them! Clients who Qualify …
· Those who experienced a Bankruptcy, Foreclosure or Short Sale event where the discharge date was at least 11 months ago.
· Where the Derogatory Event was caused by a loss of income due to Loss of Job, Death of a Spouse, or other event beyond their control.
· Where the loss of income was 20% or more and lasted 6 months or more.
Note: There are other details to consider in addition to those listed above. A detailed analysis will need to be performed.
I would love to have the opportunity to work with you. We can likely close these loans before the end of the year! You can reach me most anytime, by email, or real quick by texting or calling my mobile Dennis Knisley, Mortgage Loan Officer Direct: 865-405-7805 Email: dennisk@uclknox.com
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