The short answer is maybe. The longer answer is that it will depend on the type of loan and your current equity. If it's a VA loan we're okay two years after a short sale, if it's a conventional loan with minimal equity probably not, FHA will be somewhere in between. It's also going to depend on how you've managed your credit since the short sale. If you've had no late payments on any accounts, and you have more than three acounts, you've got a good chance. Any late payments, especially on the mortgage, or a lack of active credit accounts, and it gets more difficult.