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Old 05-16-2011, 02:48 PM
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Join Date: May 2011
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Default Has anyone had success getting a home loan

after foreclosure? The foreclosure finalized March of 2009, so it's been over 2 years. We have a substantial down payment, good income, great credit (around 700 again!) but we've been getting the run-around with a few different loan companies. One group told us 40% down (last year) the most recent told us wait until the end of the first quarter of your third year of foreclosure...Which sounds iffy. Has anyone been able to get a home loan post foreclosure? I have to imagine that more and more people who are in the first wave of foreclosures are going to be ready to buy again shortly...I know that FHA is 3 years from foreclosure so we're almost there, but if anyone has any other input, options, or a company that granted a loan recently, we'd love to know.
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