fha says yes to purchase immediately after short sale loudoun county northern virginia: FHA Says "Yes" to Purchase Immediately After Short Sale in Loudoun County!
- 08/29/12 03:42 AM
FHA Says "Yes" to Purchase Immediately After Short Sale in Loudoun County! This week I had an exciting conversation with one of my most trusted lending partners. I almost could not believe my ears when he shared with me that so long as a homeowner is current on their mortgage (Principal, Interest, Taxes and Insurance) AND any applicable HOA or Condo dues...a qualified "short sale" seller can immediately apply for an FHA loan to transition to a new home! Of course real estate will always be a localized discipline, so lending rules and lender capabilities will vary from one geography (1 comments)