I short sold my house 1 year ago, I had some missed payments on my mortgage, when can I buy again?

We can work your file now to see what we can do and if there would be any waiting periods based on your credit report. I live and work here in Massachusetts and would be more than happy to help you directly. Please let me know via an offline message. My contact information is provided in my profile. I'm here to help!

With missed payments, you have 2 years for conventional with 20% down, and 4 years with 10% down.. FHA requires 3 years, VA requires 2 years (must be VA eligible), USDA is 3 years.. Also with any of these programs, you need to have sufficient credit scores, Debt to Income ratios, satisfactory job time etc... so it's more than just the minimum waiting period.. BTW... born and raised in Malden.. I miss the green ( I live in a desert).. but not the snow so much.... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

At least two years, depending on how much you have to put down

It's Possible in one year, but there are SOOOO Many variables that you really need to talk to someone in person and not to a national lender who doesn't have the experience or knowledge to address your specific situation. If you are told you can't in one year, then talk to another person.

it really depends what's report on your credit and what kind of mortgage you short soldthe time friends are 2 to 5 years depending on those details

It can depend on what is reported on your credit also what type of loan you had generally times or 2 to 5 years

Seaccr -- I will give you direct. Your welcome. The answer is........................ The answer depends on how many payments you missed. You can get a REAL TRI-MERGED credit report at this site here -- www.triplepull.com - Depending upon your score and payments missed it can easily vary from 1 year to 3 years. Your short sale will be looked at closely to ascertain if it was strategic or if your considered a repeat offender. Hope that helps - Andrew Alfonso

Depending on the situation, you could qualify now if you receive an Approve/Eligible from Automated Underwriting. It is impossible to provide an accurate answer based on very limited information. Decide who you would like to work with and make a full application. We have No Application Fee, so there is no cost to apply!

The shortest wait period is 3 years with an FHA loan if you want a minimal down payment. You can purchase using a Conventional Loan as soon as 2 years, but you would need to put down 20%. As the others have said, you also need to have credit scores that meet the minimum standards.

Working on a situation like this right now. 3 years after the short sale date you are eligible for FHA financing. May still need to be a manual underwrite depending on how your prior mortgage lates impact the automated underwriting results. So keep in mind debt ratios will probably come into play as FHA will restrict to 31/43 on manual situations.

Likely 2 years with 20% down for conventional or 3 years FHA

Your options depend on many factors. Go sit down with a local non-bank lender. Let them get a full application. They will review it and give you options. But, you can wait at least another year before doing so, because two-years is the earliest under the best options, with three years being the most realistic for most people.