Posts Tagged ‘home mortgages’

When Can You Qualify for a New Home Mortgage After a Foreclosure or Short Sale?

Thursday, August 26th, 2010

When Can You Qualify for a New Home Mortgage After a Foreclosure or Short Sale?

Every week, I receive an interest rate report from one of my local lenders.  A few weeks ago, he included some information that was not only interestng, but also a little disturbing.  It has to do with how long a person’s credit is damaged after a foreclosure or short sale.  In other words, when can they qualify for a home mortgage again?

Here’s some details:

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