How Various Loan Programs Treat Foreclosure…

By
Mortgage and Lending with Berkshire Lending, LLC

small brett pic How Various Loan Programs Treat Foreclosure...

I wanted to quickly go over the waiting period various loan programs have for Foreclosure.

FHA – 3 years from completion date. Exceptions with extenuating circumstances are allowed.

VA – 2 years from completion date with an automated system refer.

Fannie Mae – 7 years from completion date, or if you can get an automated approval sooner, the the wait can be less.

Freddie Mac – 7 years from completion date, or if you can get an automated approval sooner, the the wait can be less.

That’s it for today!

I hope you have a great day! Thanks for reading!

Brett

Get Pre Approved For A Loan Here.

Get A Rate Quote Here.

Need A Mortgage Calculator?

My Previous Blog Posts

Comments (0)