"While the worst appears to be over, some people are still suffering from the aftermath of the Great Recession. The fact that numerous people were affected by this significant financial downturn has left many unable to secure home loans given their spotty financial track records. Fortunately, there is still hope for prospective and current homeowners, as a change in policy is easing up FHA guidelines. The article stated that: “The 'Back to Work' program, as it's called, doesn't constitute a free pass for those who would otherwise be unable to qualify for financing, but it does reopen the housing market to a great many borrowers who would otherwise have been waiting for 3-7 years to tick off the clock—depending on their initial credit issue.” These revised guidelines will make it easier for struggling prospective homeowners to fulfill their dreams of owning property in places where prices are still manageable, such as Tennessee. Single family homes in the state remain relatively aff
http://tennessee.churchillmortgage.com/industry-news/a-tennessee-mortgage-broker-discusses-the-fhas-back-to-work-program/
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