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Updated about 9 years ago on . Most recent reply

User Stats

68
Posts
30
Votes
Cory Adams
  • Investor
  • Tampa Florida
30
Votes |
68
Posts

Financing after short sale (FL)

Cory Adams
  • Investor
  • Tampa Florida
Posted

I had a short sale almost 6 years ago.  Since that time I have purchased a primary residence and a duplex  (in TX).  Credit scores are solid and I have built up a good liquid asset base.  I am currently trying to obtain a loan for an investment in FL and am being told that FL underwriting standards are very strict thus possibly preventing me from obtaining a conventional loan with 25% down.  

Can anybody offer any experiences or advice regarding obtaining financing in FL after a short sale?  Apparently the short sale needs to be aged at least 7 years prior to obtaining a loan for investment property in FL...

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