Minneapolis, MN: As a mortgage Loan Officer, it seems I am asked what the rules are for getting a new mortgage loan after having a bankrutcy, foreclosure, or short sale about 100 times a week.
Therefore I have made, and update as needed, a comprehensive list of each of their guidelines for quick and easy reference. Bookmark, make as a favorite for yourself, or feel free to link to your personal web site to help your clients know the rules.
http://joemetzler.com/waiting-period-after-foreclosure-short-sale-or-bankruptcy.htm
Almost all mortgage loans in this country are underwritten based on Fannie Mae, Freddie Mac, FHA, VA and USDA guidelines, so these rules encompass just about everyone.
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