Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: VA short sale

Getting VA Loan Eligibility Restored After a Short Sale

Getting VA Loan Eligibility Restored After a Short Sale

ur most recent blog posts have covered topics related to the short sale of a home purchased with a VA loan. It's easy to assume you're locked out of the housing market after having to resort to a short sale...

VA Loan Reader Question: Seasoning Periods Following a Non-VA Short Sale

VA Loan Reader Question: Seasoning Periods Following a Non-VA Short Sale

A recent commenter wonders about the minimum "seasoning period" for VA borrowers who have a short sale on their credit history.

Do the VA rules, which require at least a two year wait from the time of a short sale to...

VA Loan Reader Questions: Can I Do a Short Sale?

VA Loan Reader Questions: Can I Do a Short Sale?

A reader asks, "Our house and property lost about 70,000 in value after the housing market collapsed, and in addition, we have found many things wrong with our house that we can no longer afford to repair. We have a...

Can I Apply For a New VA Loan After a Short Sale?

Can I Apply For a New VA Loan After a Short Sale?

A recent reader question asked how long the borrower must wait after a short sale before applying for a new VA home loan.

The standard answer is that the VA requires a two-year waiting period following the short sale before...

VA Loans: The Seasoning Period Following A Short Sale

VA Loans: The Seasoning Period Following A Short Sale

In recent blog posts, we've covered topics related to foreclosure, and how to avoid foreclosure on a VA home loan. One way to avoid foreclosure proceedings on a home purchased with a VA mortgage is to put the property up...

VA Relocation Assistance for Short Sale and Deed-In-Lieu of Foreclosure

VA Relocation Assistance for Short Sale and Deed-In-Lieu of Foreclosure

No VA borrower wants to think losing their home is a possibility, but in some cases it's unavoidable due to personal financial issues, job loss, medical issues or related problems. Foreclosure is a difficult process--it changes credit ratings, requires a...