Posted on: 12th Oct, 2009 08:47 pm
I recently sold my home by short sale. Is it possible to get a new mortgage? I was told it would be two years after the short sale for FHA loan. Are there other loan types that I would qualify for?
Depending on yoru credit score and incoem you may be able to apply for a new mortagage in 12 months time
Expect the rates to be higher than normal
Expect the rates to be higher than normal
if your credit score is good then a little bit chance that you can get any other loan but the time period is the require to get loan ,one thing more that you can also take fha loan and the time periode is not completed after that your score will good and you can easily take loan ,
i hope you can understant my points ,
regards
kas
i hope you can understant my points ,
regards
kas