Conventional loans often require about seven years after foreclosure, with possible shorter paths depending on circumstances. Get timelines with The 2 Mortgage Guys.
Conventional loans often require about seven years after foreclosure, with possible shorter paths depending on circumstances. Get timelines with The 2 Mortgage Guys.
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Most conventional purchase loans look for about seven years from the foreclosure completion date. Depending on extenuating circumstances and the rest of your file, shorter paths or alternate programs may be available sooner.
The waiting period is measured from the completion date — and the rest of your credit story still matters.
Underwriters want proof the housing event is behind you and the new loan is sustainable.
Assemble these before you are under contract.
A dated strategy beats guessing when you “might” qualify again.
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Related guides to help you compare options and move toward pre-approval.
Run the numbers before you apply — then get a real pre-approval from Ryan or Steve.
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Tell us when the foreclosure completed and where your credit stands today — we will outline conventional and alternate paths back to approval.
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Ryan Minick NMLS# 203249
Steve DeLon NMLS# 202876
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