: Can I buy a home after a short sale? Yes you CAN!!

Can I buy a home after a short sale? Yes you CAN!!

Buying a home after a short sale in Arizona

Qualifying for a USDA home loan after a short sale is not very easy.





However, Academy Mortgage in Mesa, Arizona will approve a home buyer if they can meet the criteria when applying for a USDA loan with our Academy Office in Mesa, Arizona.
Most Arizona families who have had to make the hard choice or are forced to short sale their home, are often left wondering if they can or when will they be able to buy another Arizona home in the future. Most lenders have taken a standard stance that these families will need to wait for a period of 3 years before applying for a home loan. However, Academy Mortgage will approve certain USDA home buyers that can meet the following criteria:
  • Credit Score of 660 or higher
  • No late payments for the past 12 months
  • If you have recently sold your home and have no late payments, it is possible to qualify immediately
  • Obtain a GUS Approval (This is an automated underwriting approval for a USDA Home Loan).
Call me today for a free and confidential consultation and see if you qualify for a USDA Home Loan. Direct: 480.650.8602 Email: Ted@Tedcanto.com
Comment balloon 1 commentTed Canto • April 01 2011 07:57PM

Comments

Great video, I thought once someone short sold they could not buy again for several years. This is great info to pass along!

Posted by Jayson Hoffer, Mesa AZ 480-518-0747 (Jayson Hoffer Insurance Agency Inc.) over 6 years ago

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