Want A Mortgage But You Have Baggage

Dated: 07/13/2016

Views: 441

What are the guidelines if you have had a bankruptcy, foreclosure or short sale? 

Image title

Well, it depends on the type of mortgage you are applying for. 


Conventional: 4 years from discharge  - FHA: 2 years... - VA 2 years... - USDA: 3 years....


Conventional: 7 years from recorded Trustee's Deed upon sale - FHA/USDA: 3 years... - VA: 2 years...

Short Sale

Conventional: 4 years - FHA/USDA: 3 years - VA: 2 years

Min. Credit Scores

Conventional/VA: 620 - FHA: 600 - USDA - 640 

If you are interested in getting pre-qualified for your next home let me know. 

Amy Rodriguez - The Queen Team - Keller Williams AZ Living Realty - 928-202-6149 - amy@queenteamhomes.com

Want to Advertise on this Site?

Latest Blog Posts

Explaining The DISC Personality Test

People are different, but they are different in predictable ways. The DISC test is a wonderful tool to help look at some of the different personality traits people have. Watch the video below to

Read More

The DISC Personality Test And What Drives You

Who doesn't like to learn about themselves? If you're the kind of person who obsesses over taking personality tests, then you should take a minute to take the DISC Personality Test and Values Index.

Read More

Read Books Like Bill Gates

We've all been told that reading is important if you want to be successful, but how do successful people read? Bill Gates takes a moment to talk about how he reads books and gives us some incite on

Read More

TEDx Talk Build The Brain You Want

We would all like to have better, smarter, more effective brains. In this TEDx talk, Lara Boyd goes over some of the common myths about how our brains learn and how we can be working to expand

Read More