Friday, August 22, 2014

What are the requirements on a KY USDA RHS Loan after a foreclosure or short sale, Bankruptcy?



Kentucky Rural Housing USDA Loan Guidelines on Foreclosure, Bankruptcy short-sale below



Kentucky Rural Housing Loans require 3 years completion date after the sheriff sale of home. 
A Deed in Lieu foreclosure also requires 3 years from completion of sale.
Short Sales require  3 years from completion date of short sale date.
A Chapter 7 or 13 bankruptcy requires  3 years from discharge or dismissal date



http://www.emailmeform.com/builder/form/0bfJs9b6bK8TGoc6mQk9hIu




--

Joel Lobb
Senior  Loan Officer
(NMLS#57916)

American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223

 phone: (502) 905-3708
 Fax:     (502) 327-9119
kentuckyloan@gmail.com

 Company ID #1364 | MB73346
http://mylouisvillekentuckymortgage.com/