if my house sold in a shorttsale a year get

Asked by traceyjennifer, Orlando, FL Tue Mar 26, 2013

if my house sold in a shortt sale a year ago , when could i get financing and what kind of percentage rate could i get. could i put down some cash and hvae some of the home financed

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Tina Lam, Agent, San Jose, CA
Wed Mar 27, 2013
A short sale event does not effect everyone the same way so there's no blanket answer I can provide.

If you had really good credit, then you still might be able to get conventional financing now.

If your credit was average, perhaps around 700, then you'll probably have to wait to rebuild your credit further.

Or, if you have at least 50% down, there are lenders who can give you a conventional loan as well.
Web Reference:  http://www.archershomes.com
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