Thanks Bev for the info on the mortgage application question- I hadn't heard that before.
Ferlly I am sorry to hear about your loss of your husband and your home.
If you want to send me a private message I am in Dayton and can recommend some local lenders to you that I trust who can tell you where you stand. If you don't qualify for a traditional loan I also know some good folks who offer lease options on homes and will work with you to help you buy when you can.
I hope I can help you.

First of all let me say I'm sorry that happened to you and to many others like yourself. Depending on the loan you had, this much I can tell you. A homeowner who looses a primary residence to Foreclosure that was backed by a Fannie Mae loan is ineligible for same type mortgage for a period of 5 years then would be eligible again.

On any future 1003 mortgage application, a prospective borrower will have to answer "yes" to question C in Section VIII that askes "Have you had a property foreclosed upon or given title or deed in lieu thereof in the last 7 years?". This answer will affect future interest rates for up to 7 years from foreclosure.

My advice is to talk to a reputable and knowledgeable lender to find out exactly where you stand. Good Luck!