Can I refi from a fha to conventional loan with a foreclosure on my record?

Whay would you want to?

Yes.. but for conventional financing, there are mandatory waiting periods that must be realized before you can use conventional. It can be either 3 years or 7 years.. depending on the circumstances regarding your foreclosure.. Try contacting a local mortgage broker and let him look at your complete loan profile.. only then will you know.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Yes you can; you will need to meet the conventional guidelines. Sitting down with your lender will really help with understanding your options.

As per prior responses, YES, you can obtain Conventional financing to refinance out of an FHA loan, which makes good sense to eliminate the FHA Mortgage Insurance, provided you meet the guidelines and have enough equity in your property. The primary guidelines you need to be aware of is that if it was a Foreclosure by itself, you need to wait 7 years before obtaining new Conv. financing. However, if it was included in a chapter 7 Bankruptcy then the period drops to 4 years from discharge date of BK. I hope this helps, and I do lend n WV. Call me...Scott Kinne - Nmls# 182351 - VP- First Heritage Mortgage - 703-293-6146.