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Get loan after short sale

Posted on: 27th Aug, 2013 01:36 am
Hello there... I went through a short sale recently. Are there their any loan programs which will help getting a mortgage soon?
Hi Fredrick,

Immediately after a short sale, it will be quite difficult for you to qualify for any kind of loan. You will have to wait for at least 1 year in order to get a loan/mortgage.

Thanks,

Jerry
Posted on: 27th Aug, 2013 03:11 am
Hi Fredrick,

I agree with what Jerry has said. It will be better if you could wait for some time and then look out for a loan. Moreover, you can utilise this time to improve your credit situation.

Thanks
Posted on: 27th Aug, 2013 08:30 pm
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