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is their any mtg company that will finance me after doin a short sale 20 mths ago?

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Icon Mini Profile anitaperkins37





Joined: 17 Jun 2011

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Post Posted: Fri Jun 17, 2011 10:56 pm    Post subject: is their any mtg company that will finance me after doin a s
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I had to do a short sale 20 mths ago because my job relocated me. I have made all my payments to creditors on time since my short sale. my credit scores are from 680-730 from all three credit companies. I would really like to purchhase another home this year. Do I have to wait 3 yrs or is their any banks,mtg companies,private lenders,convectional loans that I qualify for here in tennesse.Please help. 731-298-1468
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Post Posted: Sat Jun 18, 2011 12:16 am    Post subject:
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Hi anitaperkins!

Welcome to forums!

You need to wait for 2-3 years in order to qualify for a mortgage after a short sale. Before that, none of the lenders will be ready to give you a mortgage.

Feel free to ask if you've further queries.

Sussane
Anita Perkins

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Post Posted: Sat Jun 18, 2011 3:53 am    Post subject: short sales
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In 4 mths my 2yrs will be over can you please tell me which mtg companies will do a home loan for me in 2yrs. Everyone that I contacted said I hve to wait 3 yrs. Please help....
Icon Mini Profile adonis
adonis




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Location: ALASKA
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Post Posted: Sun Jun 19, 2011 10:10 pm    Post subject:
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Hi Anita,

It is true that you'll have to wait for 3 years in order to get a mortgage after short sale. Nevertheless, you should contact the local lenders and apply for a mortgage. It will be their discretion whether or not they will give you a loan.

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