Wanda,

You need to speak with a seasoned loan officer to get an answer specific to your situation. Not only is the period of time removed from the foreclosure important, but also what has happened with your credit in the meantime.

Derek

Wanda,

Traditionally, a Foreclosure beats your Credit Score down 200 - 400 points, so it all depends how well your Credit has been repaired and your current financial position. It usually takes a little longer than a couple years to build your Credit back-up, but a Lender would be the best to answer your question. I would pick a trusted Lender in your area, have them review your file and let you know the probability of being able to qualify. Good luck!

In most cases the answer is yes. this is depending on your down payment and the lender and the reason you lost the home two years ago. Each case is taken individually. For sure after 3 years after you have established some type of credit renewal.