Buying a Home After a Loan Modification

General Waiting Periods

Here is for how long a borrower must wait to obtain financing after a loan modification:

 

FHA
DU/LP Approval

VA
DU/LP Approval.

Conventional
2 years if no principal reduction, and if borrower has met the modification terms. DU/LP Approval.

Step 1. Get Pre-Approved.

How Does Pre-Approval Work?

Getting pre-approved is as easy as 1-2-3!

1. Create an Account

Creating an account is fast, easy, secure and FREE! Your account enables you to easily modify your loan application and view the status of your loan anytime day or night.

2. Submit Information

When you register for a Loan Center account, you can submit a loan application online and the sensitive information that you provide will be transmitted securely.

3. Get Pre-Approved

Kick your feet up while we crunch the numbers. Pre-approval can be done very quickly if you provide a complete and accurate loan application and supporting documentation.


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805-543-LOAN

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