How do you qualify for a USDA Loan after a recent short sale?
Many homeowners have had to experience the short sale process, but once completed commonly ask: How do you qualify for a USDA Loan after a recent short sale?
When you try to qualify for a USDA loan after a recent short sale, it can be difficult but still very possible at the same time. USDA standard guidelines require a 3 year waiting period after the short sale completion date, however exceptions can be available and that is what this video tip covers. Please remember that any exception to the 3 year waiting period is based on a case by case scenario depending on the circumstances surrounding the short sale.
If you need help trying to qualify for a USDA loan after a recent short sale, it can be challenging but possible based on the factors involved. For additional USDA questions, I have created a series of informational videos on the USDA Loan Program at my blog: www.USDALoanPro.com
We are licensed in FL, TN, TX, & AL and have a unique specialization with USDA home loans. If you need help with becoming pre-qualified, I have built a team that is laser focused on helping home buyers become mortgage ready
For more information and to see if you can be pre-qualified, just contact us at (888)815-3505 or by email at SeanS@MPLX.org so we can review your scenario. Let our experience go to work for you!
Sean Stephens / NMLS# 185288
Metroplex Mortgage Services
Toll Free Direct: (888) 815-3505
Email: SeanS@MPLX.org
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