Reply
New Visitor
Posts: 1
Registered: ‎01-24-2013
0

FHA after Short Sale related to extenuating circumstances

What do I have to do and how do I do it - to get the wait period waived on an FHA Home Loan?  I am at around 2 years since the short sale.  I was injured on the job, couldn't work, compensation payments ceased. couldn't find work due to injury, thus deliquent on mortgage. 

 

I have found a teeny tiny house that would be easier and cheap than renting for me, if I could get approved!

 

I have a letter out to Wells Fargo requesting documents, but I'm guessing that will take a minute...lol

 

How do I get started on filing for the waiver?

Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
0

Re: FHA after Short Sale related to extenuating circumstances

You need to speak with a LO or Broker and let them discuss it with you. Its usually not a quick process.
Good Luck
May all your dreams and wishes become a reality!

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.