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Can you qualify for an FHA loan if the bank accepts a short sell on your current home

  • March 19 2009 - Fairfield
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Answers (4)

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  • August 23 2013
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If you were current on all of your bills, including the mortgage, in the 12 months preceding the short sale, you could be eligible for a new loan the next day.  If not, it is 3 years.
  • November 23 2012
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A short sale is viewed as a Foreclosure. It will be 3 years from the foreclosure date before you can purchase again.

Hope this helps

Kelly
  • March 22 2009
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No, it will be some time before you can qualify again.  You will need to re-establish credit.
  • March 19 2009
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