Waiting Period On Foreclosure For Traditional Loan Programs…

 loan programs

Hello!

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 wait can be less.

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

That’s it for today!

For more information please visit our website. |Berkshire Lending

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