FHA “Back to Work”
Pre-purchase
Counseling
Dear Future Homeowner,
The Federal Housing Administration (FHA) Is On Your Side And Wants To Help You Get A Loan!
Federal housing administration
realizes there may have been circumstances outside of your control that may
have caused your financial hardship during the recent recession.
After that, they realize that
these financial troubles may have negatively affected your credit causing you not
to be able to obtain a new loan even though you are financially capable to
repay the mortgage.
Steps Required By FHA
To assist you in obtaining your
new loan FHA requires the following:
Document that the credit impairments were due
to things outside of your control
Demonstrate that you have fully recovered
Complete pre-purchase housing counseling
Your loan officer can help you
with Steps 1 and 2 and give you a much better understanding of what is
required.
Additionally, your lender will make
the final decision as to whether you qualify for a loan or not.
How Genesis Housing Services
Helps You
We help with Step 3 above.
As part of FHA requirements, you
must have a 1-hour pre-purchase counseling session to address:
What happened?
What actions taken to overcome the
situation and
Strategies to reduce the likelihood of
occurrence
What You Will Receive
When you make your purchase, you
will immediately receive access to our membership area where you can view our
pre-purchase counseling video. Then you will schedule a 1-on-1 phone counseling
session.
On successful completion of the
phone call, you will be able to obtain the Disclosure Notice and Certificate of
Completion that you will give to your loan officer.
Complete the FHA “Back to Work”
Pre-purchase Counseling In Four Easy Steps
Step 1 – Pay for the Course
You can pay with any credit card
or use PayPal.
Step 2 – Complete the Required
Documentation
This is a form with information
that is required for us to help you with the counseling.
Step 3 – Watch the Video
The pre-purchase counseling video
can be viewed 24/7.
Step 4 – Schedule a Phone
Counseling Session
We want to speak with you
personally to ensure we answer all your questions and concerns.
Upon completing these three
steps, you will immediately be emailed the Disclosure Notice and Certificate of
Completion.
Get a Bonus
Effective budgeting is critical
to your financial success. Unfortunately, most people hate budgeting because
they think it is too hard and time-consuming.
With our included bonus budgeting
worksheet, you will save time and see how simple it is to set up a budgeting
plan.
A Reasonable Price for Great
Convenience
We always understand your time
and resources are valuable. There is no need to drive to our office for the counseling.
This course meets FHA requirements and saves you time, money, and effort. Take
it 24/7 anywhere with access to the Internet and follow up with a phone call.
You get the 1-hour course and the budgeting worksheet for only $95.
