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VA FAQ #19 - How soon after a Short Sale can I qualify for a VA Jumbo Loan?
VA FAQ #19 - How soon after a Short Sale can I qualify for a VA Jumbo Loan?
 
Our VA Jumbo Loans can be made as soon as 1 day out of short sale, or 2 years depending on circumstances and the type of loan that was short sold.    If the prior loan was a VA Loan, the VA will most likely make a charge against your available entitlement, reducing the amount of guarantee available to Vets buying or refinancing another home.  
 
To qualify for a new VA Jumbo Loan shortly after a Short Sale, the prior loan must be a Conventional loan,  and no late payments on that mortgage prior to the sale.   If you did have late payments leading up to the short sale,  we are still able to help many under 2 years.   it can be case by case, so please don't hesitate to give us a call to see how it effects your qualications for a new VA Loan. 
 
>>>Complete info on VA Jumbo Loans after Hardship - Short Sales, Foreclosures, Bankruptcy  
This is part 19 of our VA FAQ series for Frequently Asked VA Loan Questions.    FAQ = Frequently Asked Questions, and when it comes to VA & VA ... more

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