CFS Mortgage assists homeowners who have recently been through a foreclosure, short sale or have recently emerged from bankruptcy.
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Senior Mortgage Banker
The Federal Savings Bank
Direct Lenders. All 50 States
The U.S. Department of Housing and Urban Development (HUD) recently announced the “Back to Work – Extenuating Circumstances” program, aimed to help people who have lost their home through foreclosure, short sale or bankruptcy. HUD has reduced the previously required minimum of 36 months to 12 months before they may be able to finance another home, given that they meet HUD’s minimum eligibility requirements.
There are several different loan programs and each have their own requirements or restrictions that apply to borrowers who have filed for bankruptcy. It''s always best to meet face-to-face with a Loan Officer and see exactly what your mortgage options are and how the bankruptcy impacts them.
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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797