Georgia VA Jumbo Loans after Hardship - Bankruptcy, Foreclosure, Short Sale
Many Veterans have endured financial Hardship during the past few years. Active Duty Recalls, Overseas Tours, Risky Mortgage Loans, falling Real Estate Prices, Unemployment, etc have all created financial Hardships for many of our Veterans across the Country in the form of Bankruptcy, Foreclosure and Short Sale.
We have good news for our Veterans: You can get a VA Jumbo Loan with VanDyk Mortgage in as little as 2 years after one of these difficulties.
Here is a quick list of the waiting period for each Hardship.
Georgia VA Jumbo Loans After Financial Hardship:
· VA Jumbo Loan after Bankruptcy - as soon as 2 yrs after Bankruptcy Discharge Date
· VA Jumbo Loan after Foreclosure – as soon as 2 yrs after Foreclosure Sale Date
· VA Jumbo Loan after Short Sale – as soon as 2 yrs after Short Sale date
· Short Sales that had no late Mortgage Payments prior to date of sale may be eligible sooner than 2 yrs (sometimes immediately after sale)
(if your foreclosure was included in your Bankruptcy, we may be able to use the BK Discharge Date, even if the home didn't transfer into the bank's name until a later date.)
It is imperative for VA Jumbo loan qualification that you have no late payments of any type after the date of the Hardship. Please call us to review if you have specific questions about your scenario.
If you have experienced one of these financial hardships and are a Veteran, please call us to find out how soon you may qualify to purchase a new home, upgrade your existing home, or refinance your current loan to take advantage of low interest rates utilizing your VA Benefit and the current Higher VA Loan Limits - 866-435-6553 toll free direct.