VA Loans after Bankruptcy, Foreclosure or Short Sale
Many Veterans have encountered financial Hardship over the years. Deployments, Active Duty Recalls, Overseas Tours, Risky Mortgage Loans, falling Real Estate Prices, Unemployment, etc have created Financial Hardship situations for many Veterans across America in the form of Bankruptcy, Foreclosure and Short Sale.
We have good news for our Vets: You can get a VA Loan as soon as 2 years after Bankruptcy, Foreclosure, or Short Sale. (shorter on select short sales)
Here is a quick list of the waiting period for each Hardship.
VA Loans After Financial Hardship:
- VA Loans after Bankruptcy – as soon as 2 yrs after Bankruptcy Discharge
- VA Loans after Foreclosure – as soon as 2 yrs after Foreclosure Sale Date
- VA Loans after Short Sale – as soon as 2 yrs after Short Sale date
- Short Sales that had no late Mortgage Payments prior to date of sale may be eligible sooner than 2 yrs (sometimes immediately after sale)
*** We offer VA Jumbo Loans (aka VA High Balance Loans) with the same waiting periods after Bankruptcy, Foreclosure or Short Sale as noted above. Just 2 years after Foreclosure, Bankruptcy, or both for our VA Jumbo Loans (aka VA High Balance Loans). Loan Amounts up to $2.0m with ficos as low as 580.
If you are a Veteran that has experienced one of these financial hardships, please call us to find out how soon you may qualify for a new VA Loan or VA Jumbo Loan to purchase a new home, upgrade your existing home, or refinance your current loan to take advantage of low interest rates. 866-900-2342 toll free direct or Call/Text 760-752-4480.
We service Veterans and Active Duty Military Personnel across all of our service areas – California, Colorado, Florida, Georgia, Indiana, Michigan, Mississippi, Tennessee, Texas, Virginia, Washington, and Wyoming. California cities including Los Angeles, San Francisco, San Jose, San Diego, Coronado, Encinitas, La Jolla, Marina Del Rey, Santa Monica, Santa Barbara, Monterey, Oakland, Sausalito, Manhattan Beach, Hermosa Beach, Newport Beach, Huntington Beach, Irvine, Sacramento, etc. We also serve Washington State cities including Seattle, Bellevue, Kirkland, Tacoma, Vancouver, Bellingham, Port Orchard, Federal Way, Everett, and many more.