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VA FAQ #20 - VA Loans and Foreclosure dates - what date is used?

VA FAQ #20 - VA Loans and Foreclosure dates - what date is used to determine the minimum waiting period? 

 

The operative date for the VA waiting period after a Foreclosure may surprise you,  as it varies somewhat state by state and the corresponding methods of Foreclosure Transfers.   In many states,  it is based on the Trustee deed or Sherrif's deed, which corresponds to the date the home was sold on the courthouse steps.  

 

>>> Complete VA Jumbo Loan information for post Foreclosure VA Loan qualification

 

Note - If your prior Foreclosure was included in a Discharged Bankruptcy and surrendered, we will use the date of the Bankruptcy discharge as the operative date for the VA Foreclosure waiting period.   If you are being told by your Lender you must wait due to the homes sale date being a very long period after the BK discharge, and the 2 years has not elapsed on the home transfer, but the BK was discharged 24 months ago or more,  please call us.   We allow this calculation, many lenders do not.  Call the VA Loan Pro's,  we can help.   760-752-4480. 

  

This is part 20 of our VA FAQ series for Frequently Asked VA Loan Questions.    FAQ = Frequently Asked Questions, and when it comes to VA & VA Jumbo Loans, we get plenty of questions and we have the answers for you.  

We have been making VA Loans since 1987 and are a Direct Lender offering both VA Loans and VA Jumbo Loans for the Purchase or Refinance of your Primary Home.  Please give us a call to get help with your VA Loan or VA Jumbo Loan questions, and see if you qualify for a VA Home Mortgage - 866-900-2342 toll free direct,  or contact us online at  VanDykFunding.com.  

We offer VA Loans, VA Jumbo Loans (aka VA High Balance Loans) for purchase, refinance and VA IRRRL streamline thoughout our service area:  California, Colorado, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Tennessee, Texas, Virginia, Washington and Wyoming.   Give us a call to get started today - 760-752-4480

Fast Forward Approval - the Smartest Way to get Pre-Approved

 

 

 

Government Loan Pros- VA FHA USDA FHA Jumbo VA Jumbo 203K

 

We proudly offer a full array of Government Conventional, and Jumbo loan Options including FHAVAUSDAFHA JumboVA Jumbo, VA Refinance, Conventional, JumboVA Condo loans,   FHA 2-4 Unit LoansVA 2-4 Unit Loans, FHA 203K Rehab Loans,  5% down Conventional loans Conventional Condo's OK to 95%,  95% conventional purchase with ZERO Monthly PMI, and more.  

 

Veterans:  We are able to help Veterans with a new home purchase with a VA Loan or VA Jumbo Loan as soon as 2 years after Bankruptcy, Foreclosure, or Short Sale (even sooner if Short Sale involved no late payments).  Call Today - get back into homeownership!  

 

--> VA Loan Limits for 2016.  Learn More - Up to $625,500 with zero money down VA Jumbo Loan 

 

--> VA Loans over the County VA Loan Limit - yes, we allow this:   Read more detail on how to get a VA Loan Over your County VA Loan Limit here  VA Loans up to $1.5M!

 

--> Answers to Common VA Loan Questions - VA FAQ Series

We serve the entire state of California  including: Anaheim,  Antioch,  Bakersfield, Brentwood, Burbank,  Carlsbad,   Chula VistaCorona,  Coronado, Downtown San Diego, EncinitasEscondido, Fallbrook,  Fremont,  FresnoHermosa Beach, Huntington BeachIrvineLong BeachLos Angeles, Marina Del Rey,   Menifee, Monterey, MurrietaOakland, Oakley,  Oceanside,  Ontario,  Pasadena ,  Poway,   Rancho Cucamonga,  Redlands,   Riverside,   Sacramento,        San BernardinoSan DiegoSan FranciscoSan JoseSan MarcosSan MateoSanta Ana,  Santa Clarita,   Santa MonicaTemecula, Torrance, Ventura, Vista, and all other CA Cities and areas.

 

We now serve the entire state of Virginia including Virginia Beach, Norfolk, Chesapeake, Richmond, Newport News, Alexandria, Hampton, Roanoke, Portsmouth, Suffolk, and all other Virginia Cities, Towns and Counties. 

 

We also serve the entire state of  Washington including:  Auburn, Bellevue, Bellingham, Bonney Lake, Bothell, Bremerton, Des Moines, Edmonds, Everett, Federal Way, Ferndale, Issaquah, Kent, Kirkland, Lacey, Lake Stevens, Lynnwood, Mercer Island,  Mill Creek, Monroe,  Montlake Terrace, Mt Vernon, Mukilteo, Olympia, Puyallup, Redmond, Renton, Seatac, Seattle, Silver Lake, Snohomish, Spokane, Sumner, Tacoma, Tumwater, Vancouver, Wenatchee, Woodinville, Yakima and all other WA cities and towns. 

 

We also serve Colorado, GeorgiaMassachusetts, Michigan, Mississippi,  Indiana, Tennessee, Texas, and Wyoming Homebuyers and Homeowners.  

 

VA Loan Limits 2016     FHA Loan Limits 2016     Conforming Loan Limits 2016

All information is subject to change without notice.

Licensing   Fair Lending    Privacy Policy    Complaints    

State of NY Disclosure    TX Disclosure    General Disclosure

 

Residentional Mortgage Lender registered by the VA Department of Business Oversight

Georgia Residential Mortgage Licensee #39449

VanDyk Mortgage is a private company specializing in FHA & VA financing,  VanDyk Mortgage Corp is not a government agency. Corp 2449 Camelot Ct SE, Grand Rapids, MI 49546 

 

Branch address  310 Via Vera Cruz, ste 210 & 211, San Marcos, CA  92078  760-752-4480 direct

NMLS ID:  3035 - VanDyk Mortgage Corp   NMLS ID  220268  

Brian Skaar - Loan Originator / Branch Manager   

 

NY Disclosure:  Website authorization has not been approved by teh New York State Department of Financial Services.   Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site. 

 

Fast Forward Approval - the Smartest Way to get Pre-Approved

 

 

 

 

 

 

 


 

 

Comment balloon 0 commentsBrian Skaar • July 22 2014 01:19PM
VA FAQ #20 - VA Loans and Foreclosure dates - what date is used?
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VA FAQ #20 - VA Loans and Foreclosure dates - what date is used to determine the minimum waiting period? The operative date for the VA waiting period after a Foreclosure may surprise you, as it varies somewhat state by state and the… more
VA FAQ #19 - How soon after a Short Sale can I qualify for a VA Jumbo…
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VA FAQ #19 - How soon after a Short Sale can I qualify for a VA Jumbo Loan? Our VA Jumbo Loans can be made as soon as 1 day out of short sale, or 2 years depending on circumstances and the type of loan that was short sold. If the prior loan was… more
VA FAQ #18 - How soon after a Short Sale can I qualify for a VA Loan?
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VA FAQ #18 - How soon after a Short Sale can I qualify for a VA Loan? VA Loans can be made as soon as 1 day out of short sale, or 2 years depending on circumstances and the type of loan that was short sold. If the prior loan was a VA Loan, the… more
VA FAQ #17 - How soon after a Foreclosure can I qualify for a VA…
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VA FAQ #17 - How soon after a Foreclosure can I qualify for a VA Jumbo Loan? We offer VA Jumbo Loans up to $1. 5m as soon as 24 months after your prior Foreclosure. The operative date may surprise you, as it varies by state and the methods of… more
VA FAQ #16 - How soon after a Foreclosure can I qualify for a VA Loan?
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VA FAQ #16 - How soon after a Foreclosure can I qualify for a VA Loan? We offer VA Loans as soon as 24 months after your prior Foreclosure. The operative date may surprise you, as it varies by state and the methods of Foreclosure Transfers. … more