Is there a relief or a program to help veterans who had short sales in early 1990s and incurred the difference as debt? https://www.rallypoint.com/answers/is-there-a-relief-or-a-program-to-help-veterans-who-had-short-sales-in-early-1990s-and-incurred-the-difference-as-debt <div class="images-v2-count-0"></div>I sold a house under a VA loan back in early 1990 as a short sale. I believe the house value then was 120k but the loan was about $155k. During the shortsale, VA covered the difference of $35K. And told me that if I ever use a VA loan again, I have to repay the loan first. It is now 2020 and there have been plenty of relaxation of VA home loan programs but not this one. I tried to use my Certificate of Eligibility 2 years ago and my case has not changed. Is there an effort to forgive that difference so i can use my full VA loan benefit again? Thu, 23 Jan 2020 04:06:36 -0500 Is there a relief or a program to help veterans who had short sales in early 1990s and incurred the difference as debt? https://www.rallypoint.com/answers/is-there-a-relief-or-a-program-to-help-veterans-who-had-short-sales-in-early-1990s-and-incurred-the-difference-as-debt <div class="images-v2-count-0"></div>I sold a house under a VA loan back in early 1990 as a short sale. I believe the house value then was 120k but the loan was about $155k. During the shortsale, VA covered the difference of $35K. And told me that if I ever use a VA loan again, I have to repay the loan first. It is now 2020 and there have been plenty of relaxation of VA home loan programs but not this one. I tried to use my Certificate of Eligibility 2 years ago and my case has not changed. Is there an effort to forgive that difference so i can use my full VA loan benefit again? MCPO Reynaldo Abayan Thu, 23 Jan 2020 04:06:36 -0500 2020-01-23T04:06:36-05:00 Response by LTC Private RallyPoint Member made Jan 23 at 2020 5:17 AM https://www.rallypoint.com/answers/is-there-a-relief-or-a-program-to-help-veterans-who-had-short-sales-in-early-1990s-and-incurred-the-difference-as-debt?n=5473284&urlhash=5473284 <div class="images-v2-count-0"></div>So is the difference an actual debt that counts against your credit or just a reduction of the max VA loan you can get?<br /><br />If you don&#39;t have to pay back the difference you should just get a traditional loan on your next home and you made out like a bandit! LTC Private RallyPoint Member Thu, 23 Jan 2020 05:17:14 -0500 2020-01-23T05:17:14-05:00 2020-01-23T04:06:36-05:00