Mortgage and Real Estate Blog

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Waiting period rules after short sale, bankruptcy, or foreclosure

Minneapolis, MN: As a mortgage Loan Officer, it seems I am asked what the rules are for getting a new mortgage loan after having a bankrutcy, foreclosure, or short sale about 100 times a week.

Therefore I have made, and update as needed, a comprehensive list of each of their guidelines for quick and easy reference.  Bookmark, make as a favorite for yourself, or feel free to link to your personal web site to help your clients know the rules. 

http://joemetzler.com/waiting-period-after-foreclosure-short-sale-or-bankruptcy.htm

Almost all mortgage loans in this country are underwritten based on Fannie Mae, Freddie Mac, FHA, VA and USDA guidelines, so these rules encompass just about everyone.

 

0 commentsJoseph Metzler • August 02 2014 06:03AM
Waiting period rules after short sale, bankruptcy, or foreclosure
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