· How Long After a Foreclosure Can I Buy a Home?. MMI Reader Buying again after a foreclosure, short sale, or or deed-in-lieu of foreclosure can be done, with some hard work – and waiting. Lenders don’t like to see a foreclosure on your credit report.. or USDA loan and you’re on the CAIVRS list, then you will not be approved for the.

Mortgage Waiting Periods After a Bankruptcy, Foreclosure, or Short Sale. How long do you have to wait before you can get a new mortgage? mortgage waiting periods depend on what type of loan you want for your next home.

These loans can be used to remodel, refinance, or purchase a home. This type of loan is available even with a prior foreclosure, short sale and chapter 7 or 13 bankruptcy. Borrowers may still qualify even if in a chapter 13 bankruptcy. However for this loan, approval will need to be granted from the bankruptcy attorney (if the loan fits your need).

Information on the various mortgage and home loan programs available in the Seattle and surrounding areas including conventional, FHA, USDA, HARP and many

Typical waiting time for the USDA and FHA home loan is three years after a short sale. This is unless you qualify for the previously mentioned FHA Back to Work program. The VA is the most lenient, as they will allow you to get your next VA home loan immediately after the short sale, AKA compromise sale, is.

With low interest rates and flexible guidelines a USDA home loan could help you achieve your financial goals.. What Are the Waiting Periods After a Hardship? 3 Years from Foreclosure or short sale; 2 Years from Discharge of Chapter 7.

USDA Loans have the same three year waiting period to qualify for USDA Loan after short sale, deed in lieu, and foreclosure like FHA Loans; Qualifying For VA Home Loan After Short Sale In Illinois. VA Loans is the best mortgage loan program for any home buyer.

You have received a packet with the specific documents to bring with you when speaking with a specialist about your situation. This information will help us understand your circumstances so that we can determine which assistance programs may be available to you.