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Loan Modification

: Loan Modification & Home Loan News

Can you short sale a home and get a home loan for another home?

By Moe Bedard

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“It turns out FHA does allow mortgages to borrowers who sell their current residence under short-sale provisions and then purchase a new home without the standard 3 year wait.  There are certain conditions that must be met–some of the conditions are a little subjective and on these I would not suggest trying to push limits. “FHA [...]

Full post as published by Loan Modification & Home Loan News on April 01, 2010 (boomark / email).

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