VAcurrently does not offer guidance. Most underwriters may treat it as a foreclosure, which has a 2 year waiting period. Like FHA, if the borrower was on time with mortgage payments and other debts at the time of the sale and for 12 months proceeding, there may be no wait period. USDA...
Conforming mortgage with PMI 3% Yes, or you’ll pay a higher rate for LPMI Conforming mortgage with a piggyback loan 10% No, but you’ll need a second loan or HELOC FHA loan 3.50% No, but you’ll have to pay upfront and annual MIPs VA loan 0% No, but you may have to pay an...