Hi Cindy Riley,
This gets a little tricky with FHA.
FHA requires a 3 year wait after a foreclosure to be eligible BUT there are a couple of quirks.
1) The clock doesn't start until the bank takes back title. Do you know when that was?
2) If the previous mortgage was FHA, VA, or USDA you may be listed in the CAIVRS system which would be an issue when applying for an a new FHA loan. If you are listed in CAIVRS we would have to apply to have your info suppressed in the system prior to submitting your loan to underwriting.
Do you know when that foreclosure sale happened & what type of mortgage it was on?
Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.
Please feel free to contact me for more information or help.
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
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