i am a mortgage broker/owner here in Fl. You are correct FHA doesnt have seasoing requirements for title, and unfortunately I have never came across this on a VA loan. However Va is very much in line with FHAand should have similar or identical underwriting guidlines
The 90-Day Rule only comes into play if your buyer is financing with an FHA loan. If he is using a conventional loan (or VA loan), there is no 90-day seasoning required.
anyone?
i am a mortgage broker/owner here in Fl. You are correct FHA doesnt have seasoing requirements for title, and unfortunately I have never came across this on a VA loan. However Va is very much in line with FHAand should have similar or identical underwriting guidlines
The 90-Day Rule only comes into play if your buyer is financing with an FHA loan. If he is using a conventional loan (or VA loan), there is no 90-day seasoning required.