If I short sold my last property, will I have to put down a bigger down payment the next time I secure an FHA loan?

No... FHA only requires 3.5% down, unless your credit score is below 580, then you will need 10% down payment.. Under current FHA guidelines, you will need to wait 3 years from the day the property was transferred out of your name to apply.. All other loan requirements must still be adhered to, such as debt to income, type of income, job time, satisfactory credit, etc.. But you can get the FHA loan without additional down payment.. if you go conventional, then the waiting period is 2 years if you have 20% or more down payment... again, all the other requirements will be adhered to, but only 2 years.. 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

FHA - you'll need 2 years after a chapter 7 bankruptcy, but 3 years from a short-sale or foreclosure. There is an exception if you were required to move to a completely different market, and you didn't miss any payments for the last 12 months - and were up-to-date at the time you completed the short-sale, you could buy immediately after the short-sale. (Sorry, but your situation won't be an exception - even if you have it in writing that a Bank told you to miss payment to start the process.)

No, a larger down payment won't be required.

Assuming no other issues, no. However, if it was a FHA loan that was sold as a short sale you might not qualify if FHA records the shortage as a "deficiency" in the government tracking system. I have seen a case where that prevented a borrower from qualifying for another government insured loan until the shortage was paid. (Anyone else seen that?) Otherwise, you won't be able to get another standard mortgage for 3 years from the completion of the short sale - regardless of your credit or downpayment.

Technically, a larger down payment will not be required. However, a larger down payment would add a quantifiable compensating factor post short sale.

You will have to wait until 3 years after the short sale to qualify.

You will need to wait 3 years to purchase a new home