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We want to refinance. Can we get a 15 yr. VA loan after a short sale two years ago?

by revogel2899 from Lakeland, Florida. Aug 5th 2013 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

Assuming everything else is meets standard VA underwriting guidelines, then yes, you can get a new VA loan after a two-year waiting period since a short-sale. www.VA-IRRRL-Loan-MN.com

Aug 5th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

You should be able to. Contact a lender411 loan officer to go over your situation.

Aug 5th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

You should be fine.

Aug 5th 2013
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James & Shannon Lechuga (lechugagroup)
#660 ranked lender in California - 4 contributions

Yes, Was it a VA loan that you short sold on? We have a specialty product for as low as 600 score and 13 - 24 months with extenuating circumstances. Or if a regular Fannie or Freddie loan is a yes within a 24 months seasoning with no lender fee...www.dfgmortgage.com and we also have 1 day after short sale or Foreclosure program so ask for James 855-95-LOANS

Aug 5th 2013
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. for VA the mandatory waiting period is 2 years.. you will still need to me all the other eligibility guidelines, but VA does allow for a mortgage after a short sale.. .. 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

Aug 5th 2013
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Sharon Duffy (sduffy)
#70 ranked lender in Pennsylvania - 595 contributions

The waiting period for a VA loan is typically 2 years. You must have good credit and no lates in this 2 year period. For more information please give me a call.Sharon732 606 6264

Aug 5th 2013
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Yes, if the rest of your credit is acceptable. Feel free to email me: LMRECO@aol.com, call me: 407-442-2669 or apply on my web site: www.TeamRohde.comMany thanks. Lynne Rohde

Aug 5th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Yes, assuming you meet other qualification requirements. You can refinance a VA loan 2 years after a short sale.

Aug 5th 2013
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Gene Neal (eneal@athccorp.com)
#31 ranked lender in New York - 281 contributions

Yes you can, to be approved for the new VA home loan, the borrower would have to maintain good credit after the short sale, and the date of the short sale must be documented on a credit report or other paperwork.In cases where the lender approves of the new loan, the VA loan applicant who has good credit, has waited two years since the official date of the short sale, and provides the required supporting evidence could be approved for a new VA home loan.It's important to point out that not all lenders permit these types of transactions, and some require the borrower to wait longer than the VA two year minimum. But lenders who do agree can help a qualified borrower ready to become a homeowner again--even after a short sale. To receive personalized rates please email me at eneal@athccorp.com with your available times to discuss your options.

Aug 5th 2013
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Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

Yes it's typically 2 years after a short sale. VA will do a loan prior to the 2 years if there was an extenuating circumstance.

Aug 5th 2013
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Craig Prickett (cpmtgnow)
#159 ranked lender in Florida - 98 contributions

Yes I am a Florida Lender who can do your Va Loan. Must qualify for 15years.. Debts and Income. What reasons did you have to do a Short Sale?

Aug 5th 2013
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David Sanders (David_Sanders)
#811 ranked lender in California - 59 contributions

VA Loan Short Sale waiting period is 2 years. Period. Your good assuming you meet all the other guidelines...

Aug 6th 2013
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