Hi Rebecca,

I may be able to get you approved for a VA Loan if the short sale is at least 2 years old, and you have reestablished your credit. With your credit score being 650, it sounds like you have.

Interest rates on a 30-Year Fixed VA are very good right now (averaging about 5.00%)!!! Please call me at (619) 246-9653. I would be happy to give you some helpful information in able for you to move forward and purchase a home again!

I am also a Real Estate Broker with over 15 years of experience here in San Diego and primarily work as a Buyer's Agent. I would look forward to speaking with you.

Respectfully,

Phil Powell
Real Estate Broker
Sr. Loan Officer
(619) 246-9653
propertyshoppesd@aol.com

Hi Rebecca ~

Timing is everything. You will be a homeowner someday the question is how long will you need to wait. I did a lot of research before writing a blog recently on this very topic "Home Ownership After a Short Sale or Foreclosure". It covers Conventional, VA and FHA financing and guidelines as they stand today. You are welcome to contact me and I'll help you determine which financing program will be best for you, evaluate your "wait period" and put a plan in place so you'll be ready to qualify for financing at the soonest possible point.

Good Luck!

Barbara http://www.BarbaraVanDuyn.com

Hi Rebecca.

There are several questions that need to be addressed. However, I agree with Fred that the first thing you need to do is look into both of your credit reports to see what is shown. Take care of any corrections necessary, and then call on one or two lenders to see what, if anything, they can do for you and your husband.

There are many factors that go into a decision by a lender to grant a mortgage. The credit score and history are just a small part. Income, debts, judgements, length of time at job, are just a few of the other criteria.

I am a real estate agent and a loan officer. If you like, I would be more than happy to answer any additional questions you might have. Feel free to email or call me directly.

Sincerely,

Matt McClain
Axiom Real Estate / Axiom Lending Group
626-354-3813

socalrealtorforyou@yahoo.com http://www.socalrealtorforyou.com

Talk to some other Lenders.

Also, you may want to pull your Credit Reports and re-check your Credit Score.

The Lender that came up short on the previous sale may have filed a deficiency against either you or your husband or both of you. Pulling your Credit Report should reveal that.


https://www.annualcreditreport.com/cra/index.jsp

http://articles.moneycentral.msn.com/Banking/YourCreditRatin…

http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx

http://www.myfico.com/CreditEducation/ImproveYourScore.aspx

Best wishes,
Fred