You should speak with a lender. Good credit is great but you also have to find out what your debt to income ratio is before you'll know what you can qualify for. Also if short sale was more than two years ago, you may be okay there. Let me know if you need a referral to a great lender.
Liane Jamason, REALTOR
Smith & Associates Real Estate
Only a lender who has examined your application and credit can turn you down. VA is more flexible than many other loans, so one late payment may not disqualify you. Talk to your own bank about whether you qualify through them. It will be the least hassle and perhaps the fastest answer. You may find different lenders have different guidelines, so you can still shop around a bit. Go for it.... more