Waiting periods for getting a new mortgage after foreclosure, short sale, bankruptcy and deed in lieu of foreclosure

Even after losing or short selling a home, most folks will eventually want to own another home. While re-establishing credit and meeting other lending guidelines will be necessary, there are minimum waiting periods for getting new loans after significant negative credit events. Below are the timelines for new loans for Fannie Mae and Freddie Mac Conventional Conforming Mortgage […]

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