More information is needed. Such as what do you mean by your home was lost? Do you mean it was foreclosed on? If so, when was it foreclosed on? VA requires 2 years from a foreclosure unless it was due to extenuating circumstances, then just 1 year is needed. Job loss can sometimes be considered an extenuating circumstance, but most of the time lenders are reluctant to consider it as they are looking for situations such as medical. Other loan programs require a longer period of time from the foreclosure. VA also requires 12 months of clean credit, so depending on when the last late payment on the credit cards was you may still have some time to go. I know of a couple lenders going down to a 545 FICO score on VA financing but they only lend on the west coast, majority of lenders are looking for a 620 score for mortgage financing.
Shane Milne | Lending in all 50 states | NMLS #81195