Buyer Breaking News

Previous Short Sale - Purchase Program  

Recently there have been changes to credit guidelines for those who have had a past short sale.  Previously lenders would require you to wait between 24 to 48 months before you could qualify for another home.  We are excited to announce that based on new guidelines below you may now be able to qualify for another home:
  • You were not delinquent when the short sale occurred and had no late payments in the previous 12 months. 
  • The previous lender must have filed a lien release in full satisfaction of the mortgage, foregoing all rights to pursue a deficiency judgment.
  • Your file must still receive an automated underwriting approval (DU/LP).
  • No Price hits - you qualify for same great rates based on credit scores, and loan to value just like a buyer that didn't have a short sale.
This is great news for the homeowner that pays their bills on time but fell victim to the sudden drop in home values.  To pre-qualify for this program apply online here.  Or for more information call today or complete this simple form and we will contact you right away.
Top 10 Mortgage Kills

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Interstate Mortgage Service, Inc.
4135 South Power, Suite 133, Mesa, AZ  85212
Toll Free:  (866) 495-4124
info@interstatemortgage.net
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