If you lost your home to foreclosure, bankruptcy, or short sale during the recession, you may qualify for a new mortgage sooner than you think!
The Federal Housing Administration is offering mortgage insurance to borrowers who once filed for bankruptcy, or who lost their homes through foreclosure or short sale as long as they meet the stated guidelines.
This is really good news for people who suffered a financial devastation caused by the sharp economic downturn, but have since re-established some financial stability.
What is required to qualify?