FHA Extenuating Circumstances Program (BKs and Foreclosures Allowed)

Posted on March 15, 2018 · Posted in Connecticut FHA Mortgage

The FHA Back to Work Program or Extenuating Circumstances Program is designed for those who have experience any one of the following due to a loss of income beyond their control.


• Short Sale
• Deed in Lieu
• Bankruptcy
• Foreclosure


The Program is designed for those who have had a loss of income that led to financial hardship. Keys to the program are the ability of the borrower to document a drop in income that led to credit challenges.

Hardships faced by borrowers and the resulting credit history may not fully reflect their true ability or propensity to repay a mortgage. Borrowers can apply for FHA financing in as little as 12 months from the loss of prior homeownerships.

If you think you may qualify I can be reached at 860-334-1354 or email craig@northeast-mortgage.com



craig picCraig Thibeau
Senior Loan Officer
North East Financial Middletown, CT
Ph 860-334-1354
NMLS 398576 Company NMLS 117273