foreclosure: When Can a Borrower Get a Loan Again?
- 12/27/17 05:29 PM
Working with Short Sales for about 19 years now, I've had the privilege of helping clients successfully sell, and of helping them purchase again. For the ones that I know, I can tell when they'll be ready to purchase based on when their short sale was completed. For new clients who contact me, one of the first questions to ask is: When was your Short or Foreclosure or Deed in Lieu? Depending upon their answer, and of course, their current credit-worthiness, we can determine if they're able to become homeowners once more. Dawn Momot, a Loan Officer with Supreme Lending, furnished me … (0 comments)
Working with Short Sales for about 19 years now, I've had the privilege of helping clients successfully sell, and of helping them purchase again. For the ones that I know, I can tell when they'll be ready to purchase based on when their short sale was completed. For new clients who contact me, one of the first questions to ask is: When was your Short or Foreclosure or Deed in Lieu? Depending upon their answer, and of course, their current credit-worthiness, we can determine if they're able to become homeowners once more.
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