However, if you do not default on your loan and are able to get your lender to green-light your short sale, you can qualify for an FHA mortgage immediately. I don’t know your personal situation, and.
VA income and credit guidelines are more relaxed than those for FHA, and especially conventional mortgages. VA loan cons Despite the advantages that VA mortgages provide, the potential is real that.
However, it's important to consider some of the drawbacks of taking out an FHA loan to see if the pros outweigh the cons. While you may be.