Had a foreclosure 2 years ago, can I get approved by any lenders for a VA loan with credit score in the upper 690s?

VA rules state: A minimum of 2-years past the foreclosure date for most people. A minimum of 1-year of longer is possible under extenuating circumstances. With that said, no matter what you may feel is an extenuating circumstance - I have never seen a new VA loan approved less than 2-years past foreclosure. www.VA-IRRRL-Loan-MN.com

You should be ok, but the only way to know for sure is to apply.. VA requires a minimum of 2 years, but lenders often will add their own overlays and some won't approve you until 3 or more years have passed.. Also, if your past loan was a VA loan, then you could have a problem... also keep in mind that the time clock does not start the day you move out of the house, it starts when the home actually gets' foreclosed, and the title is switched out of your name and into the name of the lender... so your waiting period could be even longer.. 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. 480-287-5714 WilliamAcres.com

The simple answer is yes. There are other concerns especially if the prior mortgage was a VA loan. Otherwise, just based on the limited information you've provided you shouldn't have a problem. If the new property is located in Florida please give me a call, Stephen McWilliam, Florida State Mortgage Group, Inc 954-449-1767.www.FloridaStateRealtyGroup.com and www.FloridaStateMortgageGroup.com

Usually they want you to wait 3 years. Sometimes they may look at the situation like if there was a death involving the forclosure. Sometimes the RD (Rural Development) program will allow it to be completed prior to the 3 years. If you are in Indiana I can get your info and look into it. I am with Premier Home Mortgage. They have branches through out the country, if you are from another state I can refer you to another branch and you can take a look. 765.413.8806

For borrowers with a past foreclosure, the time period required to reestablish credit is 7 years (no conditions after 7 yrs). Extenuating circumstance if the Automatic Underwriting System decisions an approval it is still 3 years

We have to go by the date the house left your name.. You can have a forclosure, and sometimes the banks or who bought it take a white to get the title , so 2 yrs from that date.. linda email is yourloanpartnerforlife@live.com

Hi, usually lenders will require 2 years have passed since the actual date of foreclosure. Your credit scores seem good, so I believe you should feel confident in moving forward. Thanks