buying a property after a foreclosed

Asked by Purwansari_sulik, Lake Elsinore, CA Thu Feb 14, 2013

I had forclosure 6 years ago and planning to buy at least a mobile homes to start with.how long I have to wait to buy anotther property.

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3
Jovan Simon, , Santa Ana, CA
Thu Feb 14, 2013
Good Morning Purwansari_sulik,

In order to buy another property after have a foreclosure is 3 years if you want a FHA Loan and 4 years for a Conventional Loan. You are eligiable to buy a home and i cant get you pre approved for financing with 3.5% down and minimum closing costs. Please give me call so i can further assist you.

Jovan Simon

In House Lender
714-619-3172
Jsimon@inhouselender.com

http://www.inhouselender.com
0 votes
Phillip Scha…, Agent, Tustin, CA
Thu Feb 14, 2013
After 3 years and you will need a 680 credit score. Of course you need to verify your income etc..
0 votes
Leopoldo Tor…, Agent, IRVINE, CA
Thu Feb 14, 2013
After 3 years of foreclosure you can buy a property with an FHA Loan, with a 3.5% down payment.
0 votes
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