If you or someone you know have had financial challenges such as a bankruptcy, foreclosure, short sale, deed in lieu of foreclosure or consumer credit counseling, you may be wondering WHEN CAN I GET ANOTHER MORTGAGE?  I get this question almost daily, so thought I would share this chart with you.  This criteria is subject to change, because various loan programs change their guidelines often, but as of today this is good information provided by a loan officer I know. 

Mortgage waiting periods after bankruptcy, foreclosure & short sale.

I'd love to help you throughout the process of working on your credit and achieving your goal of purchasing a home, so contact me anytime if I can help!  I look forward to speaking with you soon.

Cheryl Powell- The Powell Team- Remax Executive Realty

Visit My Website