Possibly but there is a lot more to it than that. When did the deed-in-lieu happened? You have to wait two years since the DIL to buy conventional if you are putting at least 20% down. The zero debt could be an issue depending on how many tradelines you show open and active on your credit report. Lenders have different policies on that but if you don't have a lot of activity be prepared to provide possibly past 12 months of rental history. Your scores will have an impact as well as your income and length of employment, price of the property, etc. If you want to discuss further call or email us.
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