Using a VA Insured Mortgage to Purchase a Home After a Short Sale - 04/07/12 02:52 PM
I have had a lot of people ask me about how to buy a home after a short sale using FHA financing but it’s becoming more and more common that people are considering buying a home after a short sale using financing insured by the Veteran’s Administration.  These guidelines use to be murky but the issues concerning waiting periods after a short sale and underwriting guidelines are coalescing around an interesting blend FHA guidelines and Fannie Mae guidelines. There are six unique stipulations and they are as follows:
The borrower must have made all mortgage and installment payments within the month … (11 comments)

 
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Charles Dailey - NMLS ID#79048

Charles Dailey

Saint Paul, MN

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iLoan - NMLS ID#4474

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