I recently read about a new program through FHA call "Back to Work" , yet I can find no one who is working with it.

As with many loans "options", just because Fannie Mae, Freddie Mac, or in this case FHA say the "offer it", you have to understand those entities don't work with the public. You have to go through a lender, and lenders can add their own rules to any program, or decide not to do it at all. The Back to Work program is considered by many lenders to be very high risk, and have decided not to offer it. I am a lender in MN and WI, and we DO offer the Back to Work program here.

Hi Christine,That option is available through AmeriFirst Home Mortgage. It's not an easy mortgage option, but it is available. If you're interested in speaking with a mortgage consultant about it, I can help you get in touch with one. You can reply here or email me directly: dmoyle -at- amerifirst -dot- com (I spelled it out rather than symbols to avoid spam).Thank you for the question!Dan MoyleAmeriFirst Home Mortgage / Marketing

Good Morning: I can do this program as well. It has very specific criteria that needs to be met to qualify although. Feel free to contact me at Larry-at-LechelMortgage-dot-com.

I don't lend in MI but your best bet is with a mortgage bank as opposed to a 'big bank' or other lender affiliated with a depository institution.

Hi Christine - You are looking for a Ginnie Mae Direct Lender that doesn't have the additional restrictions placed on them my "middleman" lenders. Union Home Mortgage, just down the road in East Lansing is one such lender. Give me a call at 517-489-2328 or email me at msilkworth@unionhomemortgage.com and I can help you with this.

FHA's back to work program is open and there are lenders doing them.. Keep in mind that FHA does not lend money.. they only insure loans against default.. the lenders, or those with the $$$, are not obligated to offer programs just because FHA says they will insure the loan... (example: FHA has no minimum credit score, yet you wont find a lender who does not have a minimum credit score)... typically when FHA changes a guideline or comes up with a new program, most lenders will sit and wait until a few lenders adopt the program.. if they see their losing business because they don't offer it, they will adopt it to stay competitive.. in the past week I've had 3 more lenders announce they are now doing "Back to Work"... If you contact a local mortgage broker instead of the local bank, you'll find someone offering this program.. brokers work with numerous lenders with varying programs, vs a bank who typically deals with just one or two lending programs... if you don't fit in their small box, you don't get approved.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

The key will be the documentation you can provide to prove what happened to you. Many lenders say they offer offer this option but very few have actually approved and closed any loans. FHA has been asked by many lenders to provide additional guidance on what documentation will be acceptable, uncertainty makes them nervous and less likely to actually approve the loan.. Good luck!

Glad our input was helpful, good luck to you!

Good luck. Hope things continue to improve.