Had to short sale condo 3 years ago. My credit score is 800.
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Certain companies will have different overlay requirements pertaining to a short sale. The FHA guidelines state that the Mortgagee must document the passage of three years since the date of the Short Sale. If the Short Sale occurred within three years of the case number assignment date, the Mortgage must be downgraded to a Refer and manually underwritten. This three-year period begins on the date of transfer of title by Short Sale.
Sold Maryland home on short sale in September, 2015. How long do I wait to refinance the home (VA) I am now living in? Thanks
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