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  2. Buying a home after foreclosure - AOL

    www.aol.com/finance/buying-home-foreclosure...

    VA loan (2 years) – For veterans and those still serving in the military, the Department of Veterans Affairs (VA) requires only two years between a foreclosure and seeking a new loan. Note that ...

  3. Can I get a mortgage after a short sale of my home? - AOL

    www.aol.com/finance/mortgage-short-sale-home...

    Yes, you may qualify for a mortgage after a short sale, depending on the loan program you select. FHA loans are worth considering for credit-challenged borrowers once the three-year waiting period ...

  4. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...

  5. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    For 2024, the limit in most counties is $766,550. In more expensive areas, that limit can go up to $1,149,825. Lastly, you can only use a VA loan with a primary residence; investment properties ...

  6. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    The Native American Direct Loan (NADL), guaranteed by the VA, and Section 184 loan, guaranteed by HUD, provide financing to eligible Native American homebuyers. A Section 184 loan requires just 2. ...

  7. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...

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