Apr 10 2018 29668 1

Apr 10 2018 29668 1

"How long do we have to wait to qualify for another mortgage" is the question concerning people who've had a foreclosure, short sale or bankruptcy. The loan types for the new loan will differ in amounts of time to heal credit scores based on the event.43296989-250.jpg

The following chart is meant to be a general guide for how long a person might have to wait. During this waiting period, it's important that the person be current on all payments and maintains a history of good credit.

A recommended lender can give you specific information regarding your individual situation and can make suggestions that will improve your ability to qualify for a mortgage. This process should be started before looking at homes because of the time constraints listed here can vary based on current requirements and possible extenuating circumstances of your case.

Waiting periods Distressed sales 2.png

We want to be your personal source of real estate information and we're committed to helping from purchase to sale and all the years in between. Call us at (701) 258-1213 for lender recommendations.


Mary Shelkey-Miller Headshot
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Phone: 701-240-7355
Dated: April 10th 2018
Views: 35
About Mary: MSM Realty, Inc. was established in December of 2013 by me, Mary Shelkey-Miller. I started selling ...

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Hometown Realty, Inc.
2900 E Broadway Ave. Ste. 8
Bismarck, ND
701-354-1372