I was a co-borrower on a Heloc loan that was part of an 80/20 loan, the borrower foreclosed. How long would I have to wait to buy a home? by rayshawnda from Tolleson, Arizona. Dec 15th 2010
For a conventional loan...the guideline was just changed to 7 years...FHA is 24 months...as well as VA....Hope this helps....
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