Not exact matches
New FHA guidelines announced August 15, 2013, in Mortgagee Letter 2013 - 26 say that borrowers who meet certain criteria and qualify for a loan
under FHA requirements will be able to apply for an FHA loan without the usual mandatory waiting period
after a foreclosure,
short sale or bankruptcy.
If you
under price the home and receive a contract from a buyer, the lender is going to reject the
short sale after reviewing the appraisal or broker price opinion that they order.
Step 1: Include a
short one or two line objective statement to start your
sales resume if you fall
under any of the following categories: One, You are just entering the workforce; Two, You are re-entering the workforce
after an extended absence; Three, You are changing careers.
When you closed on your
short sale, you were given valid information that
under the right conditions you could get a new loan two years
after completing the deal.
If you
under price the home and receive a contract from a buyer, the lender is going to reject the
short sale after reviewing the appraisal or broker price opinion that they order.