Can my cosigner cosign for me if they had a recent foreclosure?

That depends on the type of loan you do, but your co-signer absolutely fits into the guidelines for any government loan, like FHA, VA, and Rural Housing. I'd be happy to help you through this, if you'd like. Send me an email through this site or directly at brett@homeloansinutah.com.

Brand, as long they have clean credit since the day of foreclosure, they should be fine. I do live here in brigham city as you do also, I would like to meet with you to go over options for you and to make sure you are comfortable with the choices available to you.Please call me at 435.764.8709 or email me at timothy.howard@supremelending.com.What time is best for you? I an be there in 10 minutes. :P

ALL APPLICANTS must meet the minimum loan requirements.

With VA, FHA, USDA, yes.. the mandatory waiting period is 3 years.. with conventional, your going to have to wait 7 years.. Also understand that a co signer does not help if you have bad credit.. co signers are typically used for borrowers with little to no credit or insufficient income.. All conforming loans are priced based on the lowest MID credit score of ALL Borrowers.. so if Husband and Wife co sign for Son and Daughter in law, and the Daughter in Law has a 640 credit score but all other borrowers have a 750 credit score, then the loan will be prices as a 640 file.. 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

loan will be based off of the lowest score of the bunch