From your question it seems you are nearly three years out from the foreclosure, so come September all the government loans are an option: FHA, VA, USDA/Rural Development. Further, since you have not had an ownership interest in a principle residence in the past three years, you will be eligible for first time buyer loans like the MN Housing loans, or City Living, with their lower interest rates and maybe even down payment assistance, assuming you meet the program guidelines.
Finally, if this is a "wrongful foreclosure", it may be possible to have it removed from your credit history. Maybe. In which case you could also look at conventional financing.
I would be happy to take a closer look at your situation and let you know what we can finance for you.
But as I have already stated you are out of the 3-year rule for foreclosure anyways, so you will be able to buy now.
You still need the credit scores to be there and such, but you should be ready to go in September no problem. My loan officer has done this with many of my clients, so if you would like to get started just contact me! I work the whole north side of the suburbs, and actually started my career in Elk River.
Just contact me and I will get you referred over to my LO Lisa to make sure you get qualified for financing.
Realtor North Suburbs
Call/text if you need anything.
It all depends on the circumstances of the foreclosure, the foreclosure waiting period, your ability to increase your credit score and the type of loan that you are prepared to apply for. It can be 3-7 years. I would check with a local mortgage broker to see where you are sitting with your credit score and situation. I have had clients buy withing 3 years. Let me know if I can help you with your process.