Back to top

Lender Alerts

Lender Alerts

Sun West Logo

Realize the Homeownership Dream with HUD's Back to Work Program

Dear Licensed Partner,

Sun West is continuing its commitment to provide affordable homeownership by extending Home Financing Eligibility with Housing and Urban Development's (HUD's) Back to Work Program.

Through HUD's Back to Work program, borrowers who have been affected by extenuating economic events such as, loss of employment or decrease in income, may be eligible to gain financing when the following requirements are met:

Documentation of Compliance with Housing Counseling Requirements:
• Homebuyer Counseling is required to be completed a minimum of thirty (30) days but no more than six (6) months prior to submitting a loan application to Sun West. For a list of approved counseling agencies, Click here or call 1-800-569-4287.

Additional Documentation Requirements:
• Explanation and Documentation of Economic Event(s)
• Documentation of Loss of Employment, Loss of Income, or a combination of both, which caused household income to reduce twenty percent (20%) or more for a period of at least six (6) months
• Verifications for any and all collections, judgments or other derogatory accounts reported were the result of Economic Event(s)
• Verification of 12-month period elapsed since the applicable date of Economic Event(s) satisfaction such as, foreclosure, bankruptcy, or short sale

Credit Requirements:
• The borrower should have exhibited Satisfactory Credit prior to the Economic Event(s)
• The borrower’s derogatory credit should have occurred after the Economic Event(s)
• The borrower has a re-established Satisfactory Credit for a minimum of twelve (12) months

The Back to Work Program is applicable to all Federal Housing and Administration (FHA) purchases with the exception of the Home Equity Conversion Mortgage (HECM). To view the complete Back to Work Program requirements, click here.

If you have any questions, please contact your Account Executive at (855) OK-SUNWEST or (855) 657-8693. 


Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA 90703
Phone : (800) 453-7884

Equal Housing OpportunityThis information is provided to licensed wholesale brokers only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.