fha loan qualifications after short sale  - EO's Award-Winning Magazine

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Buying another house after short sale - Page 2 - Loans
Aug 17, 2010 . Anyway, after the short sale, I asked many loan officers if I can get a new loan if I . Same situation I had to wait 3 years in may 2012 for fha loan anyone . Qualification criteria will likely loosen a bit, as in a pendulum's swing, .
http://www.loansafe.org/forum/short-sale-outpost/25597-buying-another-house-after-short-sale-2.html

When can I qualify for a purchase mortgage after Short Sale? | Pat ...
FHA provides 96.5% financing, and is the selected loan for many . loan types described above have rules for the origination of new mortgages after Short Sale. . I specialize in FHA loans and I help Real Estate investors find qualified buyers .
http://closewithpat.com/mortgage-101/qualifyaftershortsale/

Preforeclosure Sales Program - HUD
The Preforeclosure Sale Program allows a Mortgagor in default to sell his or . HUD will pay an additional amount up to $1,500 for the discharge of junior liens after . 0 Discount points or loan fees for non FHA-fmancing; and . identi?ed by the Mortgagee as a quali?ed candidate for the Preforeclosure Sale Program must be .
http://www.hud.gov/offices/hsg/sfh/nsc/rep/pfsfact.pdf


June 2012 Issue:

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    UPDATE 1-Foreclosed Americans find way back to homeownership ...
    May 16, 2012 . making a surprisingly quick return to homeownership after defaulting on their loans or being forced into short sales that cost their banks money. . The number of FHA-insured home loans has soared in recent years as . have qualified for conventional mortgages backed by Fannie Mae and Freddie Mac .
    http://articles.chicagotribune.com/2012-05-16/news/sns-rt-ushousing-borrowers-update-1-pix-20120516_1_fha-loans-fha-backed-loans-subprime-loans


    Understanding the HUD/FHA Short Sale Process
    May 14, 2012 . Learn about HUD's short sale program, which allows sellers to satisfy their . If you have an FHA-backed loan, you'll be happy to learn that the United . Is it true that she cannot even apply until after I receive short sale approval. . Four months have passed so even if she qualified in the past, she may not .
    http://www.realestate.com/advice/understanding-the-hudfha-short-sale-process


    HAFA Short Sales - Home Buying and Selling - About.com
    How the HAFA short sale seller can get paid to sell on a short sale. . underwater sellers either modify their loans or sell their homes as a short sale to avoid foreclosure. . Eligibility and qualification for HAMP are two different animals. . After a seller has jumped through all of these hoops, there should be benefits, right?
    http://homebuying.about.com/od/shortsale/qt/Hafa-Short-Sale-Program.htm


    Does short sale doom people to a life of renting? | Gold Country ...
    Apr 1, 2011 . Some of the short sale qualifications are: Change in income, death, illness, . qualify for a new FHA loan right after the short sale is completed.
    http://www.goldcountryhomes.com/-real-mccoy/does-short-sale-doom-people-life-renting


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