Can I get a decent mortgage loan with my history FC, SS

QuestionsCan I get a decent mortgage loan with my history FC, SS
Jared Keck asked 6 years ago

Hello:

I am curious to know if I should shop this fall for a home loan or not.
I realize there are more and more banks and private money lenders that are coming up with loan programs, but with my past, I would like some insight to see if I should consider it or not.

I had a short sale and a foreclosure, here are the details.

I was married and we bought a primary residence and an investment property (rental) together.
We both lost our jobs and got divorced. This all happened about 5 years ago.

Short Sale (rental, North Carolina):
First date of default July 2011
Finalized SS Dec. 2012

Foreclosure (primary residence North Carolina):
First date of default Jan 2012
Foreclosure (deed transferred back to bank): Sept 2014.
Received 1099-A (tax year 2014), Hoping for a 1099-C this year.

Have a stable job since May 2011 (Dallas, TX)
Salary 62K
No credit card debt.
Car Loan 7.5K left.
Credit Scores: 732, 733, 736 (from myfico.com)
Seeking a loan of around $ 120K.

I realize it’s not even a year since the fc has finalized, but I am starting to generally look around and see what programs are available.

Does anyone know of any programs that they feel I might qualify for?

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