Short Sale In Your Past

Dated: 10/29/2015

Views: 542


Image title





Short Sale in Your Past?

Now you could leave it in the past.

There are recent changes that could mean you can now qualify for a conventional home loan before you believed you ever would. Some underwriting changes now allow for conventional financing to a buyer with a short sale in their past with no specific waiting period required. At this time, there are no clear rules or guidelines stating who will qualify and who will not. THIS IS AN AMAZING BREAK!
Approval is based on an Automated Underwriting Software. This software will look at your entire credit profile, down payment, debt to income ratio and type on transaction. It will consider you as a whole and not decline simply based on you having a short sale in your past. As long as the information provided to it is accurate and verifiable, if the software produces an “ACCEPT” response, you could be on the path to homeownership again!
Do you know someone who has a short sale that is less than four years old? Would they love to be a homeowner again and get out of that rental?
Contact us today so we can connect you with a knowledgeable and trusted lender that is ready and willing to assist you in achieving that dream again.



Shawna Lee 
Marketing Director 
#GreatHomesGroup
Blog author image

Abby Nelson

Abby has lived in Central Florida since 1999 and began her career as a Realtor® in 2004. Abby started her career during a tumultuous hurricane season. Rather than just “weather the storm” as the ....

Want to Advertise on this Site?

Latest Blog Posts

NEW LISTING AT 1383 PALMETTO DUNES STREET DAVENPORT

SIMPLY STUNNING is the only way to adequately describe this amazing GOLF COURSE FRONTAGE home located in Davenport, Florida! A fantastic OPEN FLOOR PLAN provides you with plenty of room

Read More

NEW LISTING AT 6031 BANCROFT BLVD ORLANDO

Located on almost five acres, this MAGNIFICENT east Orlando, Florida house offers a substantial amount of space both INSIDE and OUT! The STUNNING double door entryway welcomes you

Read More

NEW LISTING AT 2924 COLORADO AVENUE ORLANDO

NEW ROOF! MOVE-IN ready and waiting for YOU! Whether you’re looking for a home for yourself or for an investment property, this absolutely adorable and incredibly well-maintained Orlando,

Read More

NEW LISTING AT 14640 QUAIL TRAIL CIRCLE ORLANDO

FULLY REMODELED in 2010, this SPECTACULAR Orlando, Florida home has EVERYTHING you are looking for and then some! Enter into the SPACIOUS living room/dining room open floor plan where

Read More