One of the first questions FL mortgage professionals are asking potential home buyers these days include whether the buyer has previously sold a home as a short sale.  Many believe that the waiting or seasoning requirement for a buyer with a prior short sale, is 4 years or 7 years.  Little do they know, owning their new FL dream home could be just around the corner.

  • The general guideline with respect to a Florida FHA mortgage is to wait at least 3 years after a short sale to be eligible. However, FHA allows financing for home buyers with qualified  credit,  to begin searching for their next dream home, immediately.  Call now and ask me how.
  • Were you aware that Fannie Mae conventional financing will allow a home buyer to be eligible for a new FL conventional mortgage in as little as 2 years?  Not the expected 4 years.  It’s true.  Call now and ask me how; 407.733.6425.

Purchasing a home here in Brevard County FL may be a little easier than many expect.  Please don’t let past decisions to short sale hold you or anyone you know back from the opportunity to purchase your dream home.  Whether seeking an FHA loan in West Melbourne, a VA home loan in Viera, or Conventional mortgage in Merritt Island; it pays to contact an experienced FL Mortgage Professional.

Stephen Thaggard, NMLS 356309,  Sr Loan Officer, licensed in Florida,

Embrace Home Loans, NMLS 2184,  485 N Keller Road, Suite 550, Maitland, FL 32751