[susan d]

how much does a foreclosure lower your credit score?

[Sgt Big Red]

Foreclosure or Deed-in-Lieu of ForeclosureBoth of these solutions affect credit the same. You couldl take a hit of 200 to 300 points, depending on overall condition of your credit. This means if your FICO score before foreclosure was 680, it could dip as low as 380. HOWEVER, if you keep your other debts current, the affect will have less impact and your score will start to rebound after about 2 years.