Get FHA Loan Three Years After Short Sale in California is a post from: FHA,VA and Conventional Home Loans in all 50 States
If you have a had a short sale in California, you may not have that much longer before you can qualify for a 3.5% down FHA home loan. FHA requires a three year wait after a short sale to be approved for a FHA loan to buy a home again. It is key to check when the deed to your former home transferred out of your name as this is the date the waiting period will start to qualify for a new FHA loan. Feel free to email me at homeloan8@gmail.com or call at 858-922-7899 and I will find out for your what date the deed transferred out of your old home that had the short sale.
Make sure after your short sale you have no late payments or derogatory items on any credit accounts that report to the bureau.
Conventional home loans only require a two year wait after short sale if you can put 20% down. Again don’t hesitate to call or email with questions.
Some highlights of FHA home loans in California:
- FHA loan down payment is 3.5%
- FHA loan credit score does not have to perfect. Call us if you have credit issues and we can help analyze and will see if we can help raise your score.
- FHA loan limits in selected areas of California:
- San Francisco, San Jose, Oakland, Bay Area $625,000
- Los Angeles, Orange County, Santa Ana, Anaheim $625,000
- San Diego FHA loan limits $546,250
- Riverside, San Bernardino $355,350
- Fresno FHA loan limit $281,750
- Santa Rosa $520,950
- Redding $273,700
Regards,
Rob Chomentowski
Sr. Loan Officer
858-922-7899
homeloan8@gmail.com
Related posts:
- Get FHA Loan After Short Sale In California
- Getting a Conventional Loan After a Short Sale In California
- Two Key Boxes to Check When Get FHA Loan to Buy A Short Sale in California
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