Negative Financial Event Timeline
A GUIDE TO HOWLING BANKRUPTCY, SHORT SALE, AND FORECLOSURE AFFECT YOUR ABILITY TO GET A MORTGAGE
Borrowers who have had negative events in their financial history often wonder if they can get a mortgage. The short answer is eventually. Negative events such as the short sale of a home, a home foreclosure, chapter 7 bankruptcy, or chapter 13 bankruptcy have different timelines. Also, your ability to participate in certain home loan programs like FHA, USDA, or VA are affected differently.
Cascadia Home Loans has created a handy timeline sheet you can download below. If you have questions feel free to give our office a call at 503-543-9999