how soon after foreclosure could i apply for a conventional mortgage? with good credit

There are a few exceptions, which are incredibly difficult to get, but with 10% down, for-years, 20% down, 3-years, and less than 10% down, 7-years. www.StPaul-Mortgage.com

As Joe mentioned, the conforming guidelines call for 7 years unless the foreclosure was due to an extenuating circumstance that is documentable. If this is the case, 3 years is the threshold, but it requires an automated approval and they are quite difficult to obtain. Essentially, you will have to be overqualified, which most people are not 3 years removed from a major derogatory event like foreclosure.

You may want to look into an FHA loan program. You can give me a call and we can evaluate your situation. My office is in Cherry Hill NJ

AS others have stated.. conventional is not easy post foreclosure.. 3 years, 20% down, 4 years 10% down with extenuation circumstances, otherwise it's 7 years.. FHA allows you to purchase in as little as 12 months, so long as you meet the guidelines.. 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 480-287-5714 WilliamAcres.com

7 years unless extenuating circumstances.