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Apply For A VA Loan After Short Sale With Us Online

Have you been turned down for a second VA loan due to a VA loan short sale? What is a problem for other lenders may not be for HomePromise. Call or apply now to see if you still qualify for no money down. 

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There Is Hope For A VA Loan After A Short Sale!

A short sale is when a VA lender permits the homeowner to sell his or her home for less than what he or she owes. A VA Loan short sale allows lenders to regain some cash and avoid the costs of foreclosure.  Most lenders make you wait two or more years to qualify for a new VA loan after a short sale.  HomePromise may qualify you in less time than other lenders.  Call today to find out more information.

How Do Short Sales Affect Credit?

As with foreclosure, a VA loan short sale will negatively affect your credit score. The impact on your credit score will depend on your overall credit history.

Does A Short Sale Affect My VA Loan Eligibility?

If a short sale involved a VA loan, the amount of your entitlement used on that loan will be unavailable moving forward unless you pay the VA their losses. But, that does not necessarily mean you can’t get a VA loan. The rules are complicated so you need an experienced VA lender to help. It’s important to understand there are many questions involved when applying for a VA short sale, so contact HomePromise today. 

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PurchaseRefinance

“I just want to thank you very much for your work to help us refinance our loans. I know you had to do so much work for us and we really appreciate it. If I know anyone who wants to buy a home or refinance I will do my best to refer you to them. Again, thank you very much.”

Mary from Hanover, PA

“My mother recently had a refinance with HomePromise. The process was easy for her (and I) to follow. The loan representative, Chris Gaus was very helpful and responsive for the entire process and explained everything. I would definitely recommend this company.”

Dorothy from San Diego, CA