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What our clients are saying…

Jeff R.
We needed to close our loan in two weeks. Everyone said it was impossible, made it happen. Thank you
Jeff R.Marlton, NJ

Is Buying a New Home Possible After A Short Sale?

Can I Buy A House After A Short Sale?

Yes, you can!  Buying a house after a short-sale can happen immediately.
Follow these simple guidelines to get started:

  • Our network lending partners have financing options that allow you to buy a home immediately after a short-sale. You must have had NO late payments on your mortgage leading up to the short sale.
  • FHA financing is available after 2.5 to 3 years from your short sale. The timing is dependent on each borrowers individual circumstances. Please speak to one of our partners to discuss in further detail.
  • For Conventional mortgage financing there is a two year wait and minimum of 20% down payment after foreclosure with no late payments on your credit since the short sale.

The good news is you can get mortgage financing starting immediately after a short sale.  Each borrower’s individual situation will be taken into account when determining how long, or short, you have to wait to purchase a new home.  Please keep in mind your credit history from the date of your short sale must be clean.

There are other factors involved with getting approved for a mortgage after a Short Sale.  Your best chance for approval is discussing your situation with one of our experienced Short Sale Loan Officers.


Ready To Get Started?

Call us now to speak with a licensed loan officer who can help you get approved for the lowest cost loan!

A 15 minute phone call could save you thousands! 

Or, complete the Quick Quote form to your left
and we will contact you ASAP.