Doing a short sale with a VA loan


I herd someone say that if you do a short sale with a VA loan you will loose your VA loan eligibility if you want to buy another house down the road is that true?


You want to call the eligibility center. You may be eligible for restoration even though your claim was “settled by compromise”. I had a client who had this situation and was able to recover most of his eligibilty (less the portion that he had already used).

Answered about 3 years ago
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