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Get loan before 3 year waiting period over

Posted on: 21st Nov, 2012 11:30 pm
I spoke to a mortgage broker about getting a loan after a short sale that went 120 days late which was over two years ago. He said I could qualify for a loan, even a FHA loan. My question is has anyone been able to get a loan before the three year waiting period after a short sale?
Hi Kurian!

Welcome to forums!

As far as I know, you will have to wait for 2-3 years after a short sale in order to get qualified for a loan. Before that you won't be able to get qualified for a loan.

Feel free to ask if you've further queries.

Sussane
Posted on: 22nd Nov, 2012 12:10 am
Hi Kurian,

Well, I haven't seen anyone getting a loan before the waiting period after short sale gets over.

Thanks
Posted on: 22nd Nov, 2012 08:36 pm
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