If I sold my home via a short sale to avoid foreclosure and I had an FHA loan, will I be able to get another FHA loan?   - [Answer this question] Buying a Home After Short Sale You will have almost zero chance of obtaining a new mortgage within a few years of a short sale. Lenders will view a short sale as a default on a mortgage obligation, and view this pretty much like they would a foreclosure as far as qualifying you for a new home. Most lenders will want to see 4 years go by before lending you money for another home. Of course there are exceptions to this and any rule, such as finding a community lender, private mortgages, hard money loans, and portfolio lenders that may allow for less or no waiting period. It is usually a good idea to check out your post short-sale options prior to entering into such an arrangement. Currently 9.00/10 1 2 3 4 5 6 7 8 9 10 NEW! - Rate This: 9.00/10 (2 votes cast)   Contributed By:  Jeff Coon - 5/18/2008 Branch Manager, Residential Lending Specialist Freedom Mortgage Corporation Toll Free (866) 938-2252 ext 303 Get the best loan for you, NOT your broker! Serving all 50 states.

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