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Category Archives: Short Sale

derogatory credit event

How Much Time Must You Wait after a Derogatory Credit Event?

Waiting Periods For a Derogatory Credit Event derogatory credit event “Derogatory credit event,” is a Fannie Mae term.  This can narrow your chances of qualifying for a home loan. With the right information and some patience, you will eventually land a loan to purchase your desired house. How problematic are past events? First, let’s understand what Fannie

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Foreclosure, Short Sale, Bankruptcy and other housing events

How to secure a mortgage after a Recent Credit Event Foreclosure, Short Sale, Bankruptcy You have passed through a negative credit event that ended with a foreclosure, short sale, bankruptcy and you think that there are a three, four or seven years waiting periods before you can get a mortgage. This is true if the financial event we

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