And ... I may add -
Lenders (not FHA) may have additional overlays. For example - even if it was an FHA loan, Chase requires the following:
10 % - if date since short sale >36 but < 84 months
3.5 % - if date since short sale > 84 months
So when you talk to your broker - find out who is the bank who will purchase the loan. Ask them for the additional overlays. Many brokers will just spew out the FHA requirements - which gives you the false sense of security.