People often ask me when they can get a mortgage after a Short Sale. Here are some quick notes about the different loan programs we offer and their ruling on Short Sales:
FHA: If you were current on your payments at the time of the Short Sale you can get a mortgage 12 months afterwards. If you were late on your mortgage when you had the Short Slae, then you can *possibly* get an FHA loan 3 years after the Short Slae with exceptions. The Underwriter will want to see that there were extenuating circumstances beyond your … (0 comments)
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Diane Marletto
FHA, VA, USDA, Conventional & 1st Time Buyer Loans
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