Short Sale and Parent Plus Credit

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Short Sale and Parent Plus Credit

Postby jprobst99 » Thu Jan 21, 2010 2:55 pm

If I sell my home for less than what it is worth and the lender forgives all indebtedness will I still qualify credit wise for a Parent Plus Loan. Thank You
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Re: Short Sale and Parent Plus Credit

Postby kristinem17 » Fri Jan 22, 2010 12:40 pm

I really depends on what the rest of your credit history looks like as well as your credit score. If you do not qualify however you can have your child bring the rejection letter to the financial aid office and possibly request more aid.
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