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i had a short sale in 2010, when will i be able to get another mortgage?

i'm in a position where i'm completely financially able. credit score is 712 by lena_wells43979911 from Danville, Arkansas. May 8th 2014 Reply


Patrick Chicklinski (PatrickC)
#30 ranked lender in Oklahoma - 6 contributions

It depends how much money you are going to put down on the new home. 4 years out you are required to put down 10% on a conventional, it looks like you are almost there. If you go FHA, you should be ready now, it depends on the sale dates. FHA requires 3.5% down. Call me for more information 918-946-4218 or website www.tulsamortgageteam.com

May 8th 2014
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Steffnie Parsons (Steffnie)
#14 ranked lender in Oklahoma - 61 contributions

Different loan programs have different requirements. If it was a true short sale and you didn't have any 30 day late payments then there is not waiting period. If you had 30 day late payments and you are VA eligible it is only a 2 year waiting period all other is 3 years for my company. The down payment doesn't matter. Conventional minimum down is 5% and FHA is 3.5%. Call me today.

May 8th 2014
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Steffnie Parsons (Steffnie)
#14 ranked lender in Oklahoma - 61 contributions

I don't see my number on the other message. Steffnie Parsons, People's Bank and Trust. 405-445-1091 office, email Steffnie@Peoplesbankusa.com

May 8th 2014
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Hello Lena,we can do this deal for you. My corporate offices are in AR. Call me to discuss or send email. 513-403-6260. jcost@englending.com

May 9th 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

There are many variables. Generally speaking, most people are able to obtain a new loan at 3-years.... Talk to a local mortgage broker for more information on your exact situation. www.SaintPaulMortgageBroker.com

May 9th 2014
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Robert Hanson (rhanson)
#38 ranked lender in Maryland - 646 contributions

If you were current on the mortgage at the time of short sale you can do financing immediately. If you weren't the standard wait is 36 months. However, I am offering a program that can offer you financing 12 months after the sale even if you were behind at the time. Whether you qualify for this will depend on the details of your situation leading up to the short sale. Please get in touch with me if you would like to explore this option. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

May 9th 2014
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