I had to short sale my home in 2005, last year I paid off the residual loan. How long before I can get financing for another home?

Asked by jntdunlap, Port Charlotte, FL Wed May 22, 2013

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Terence Trom…, Agent, Cape Coral, FL
Wed May 22, 2013
There are finance options for you, but you will need to speak with a lender directly about getting pre-approved. Below are three GREAT finance professionals I highly recommend.

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Mobile 239.560.1574


Kim Martini
Cape Coral Mortgage Company
Direct: (239) 540-5555

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Anthony Ottaway
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Direct: (313) 373-1548

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0 votes
steven.kask, , Debary, FL
Wed May 22, 2013
3 years from date of closing on your short sale. I was in same situation.
0 votes
Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Wed May 22, 2013
The loan officer can tell you the answer as soon as you apply for pre-approval.

Jim Simms
NMLS # 6395
Financing Kentucky One Home at a Time
Web Reference:  http://jamessimms.com/
0 votes
Tammy Hayes, Agent, Port Charlotte, FL
Wed May 22, 2013
Each situation is different. I would recommend contacting a lender directly and they can discuss your situation and provide you with answers to your questions. I have a few that I can recommend to you.

Tammy Hayes, Realtor
RE/MAX Palm Realty, Port Charlotte, FL
0 votes
Jessica Cole…, Agent, Port Charlotte, FL
Wed May 22, 2013
I have a GREAT loan officer that can answer all your financing questions. She would be able to get you pointed in the right direction in regards to financing. Call me at (941) 249-2366 or visit my website at http://www.portcharlottehouses.com
0 votes
Amy Heck, Agent, Port Charlotte, FL
Wed May 22, 2013
I would say it all depends on how that loan was structured. If it was recorded thru the credit bureau, did you make your payments as promised, and on time? Do they show it as paid off? As long as you have a credit score over 640 and no late pays in the last 12 months, it sounds like you qualify. Amy Heck REMAX PALM REALTY 941-979-6246
0 votes
Keith Jean-P…, Agent, East Brunswick, NJ
Wed May 22, 2013
Residual loan? Are you referring to the deficient balance you owed from the difference in short sale and market value?
0 votes
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