What a great move. The Federal Housing Administration (FHA) is - TopicsExpress

What a great move. The Federal Housing Administration (FHA) is allowing borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale to re-enter the market in as little as 12 months. Borrowers who experienced a foreclosure must normally wait at least 3 years before getting a chance to get approved for an FHA loan, but with the new guideline, certain borrowers who lost their home as a result of an economic hardship may be considered even earlier.

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