FHA or Conventional loan waitimg period after a foreclsure

Santiago R. · ‎04-10-2012

On March 2010 I had a forclosure on a FHA loan. How long I have to wait to apply for a new loan? Either an FHA or convensional loan.

Tom Varian · ‎05-09-2011

Welcome to the ZipRealty community and thank you for posting in the forums!

I will contact one of the local agents to see if they are able to answer this question for you.

Tom Varian

Client Care Specialist

ZipRealty, Inc

Kyle M. · ‎05-09-2012

FHA is 3 years with re-established credit and Conventional is 4 years. Closing sooner is possible if the foreclosure was due to extenuating circumstances -which in 2012 language means death of a primary wage earner.

Carla Shipman · ‎05-19-2010

Hi Santiago,

Waiting times will vary based on the individual. However, it could be as little as 3 years.

Carla

Iliana N. · ‎10-08-2012

I would like assistance with home buying...I have poor credit but I do know that they will help with buying a home I would probably get a change loan. I will also be a first time home buyer...any help

Dallas & Fort Worth

FHA or Conventional loan waitimg period after a foreclsure

Re: FHA or Conventional loan waitimg period after a foreclsure

Re: FHA or Conventional loan waitimg period after a foreclsure

Re: FHA or Conventional loan waitimg period after a foreclsure

Re: FHA or Conventional loan waitimg period after a foreclsure