Doing a short sale with a VA loan

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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?


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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 12 months ago

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