VA Loans after Hardship – Bankruptcy, Foreclosure, Short Sale
Many Veterans have encountered financial Hardship during the past several years. Active Duty Recalls, Overseas Tours, Risky Mortgage Loans, falling Real Estate Prices, Unemployment, etc have created financial Hardship for many Veterans across the Country in the form of Bankruptcy, Foreclosure and Short Sale.
>>We have good news for our Vets: You can get a VA Loan soon as 2 years after one of these events, sometimes sooner
We put together a quick list of the waiting period for each Hardship.
VA Loans After Financial Hardship:
- VA Loans after Bankruptcy – as soon as 2 yrs after Bankruptcy Discharge
- VA Loans after Foreclosure – as soon as 2 yrs after Foreclosure Sale Date
- VA Loans after Short Sale – as soon as 2 yrs after Short Sale date
- Short Sales that had no late Mortgage Payments prior to date of sale may be eligible sooner than 2 yrs (sometimes immediately after sale)
Note – if the Short Sale or Foreclosure was on a VA Loan, additional requirements apply.
If you have experienced one of these financial hardships and are a Veteran, please call us to find out how soon you may qualify to purchase a new home, upgrade your existing home, or refinance your current loan to take advantage of low interest rates. 866-900-2342 toll free direct.
>>> Get started here on your VA Loan PreApproval or give us a call at 866-900-2342 (toll free direct)