Sentences with phrase «financing after a short sale»

Here are general guidelines for how long a borrower must wait to obtain financing after a short sale.

I have a lot of people call me to get pre-qualified to purchase a home using FHA financing after a short sale.

Not exact matches

In fact, you may be able to secure financing after just two years (and some lenders, like Veterans United, may have no required waiting period after most short sales).

Although I agree with FHA policy not to accommodate «flippers» and those playing the distressed market solely for their own gain, I question whether it's necessary to delay FHA financing for delinquent borrowers with documented hardship — for example, someone who's had to sell a home with a short sale after long - term unemployment, illness, or loss of income due to death or divorce.

Speak with a loan expert about our expanded guidelines, such as financing 12 months after a previous short sale.

Leroy seller financing is always a great alternative after going through a short sale if you can find a seller who will offer that!

There's often a four - year wait after a short sale before buyers can secure conventional financing.