Is a "deed in lieu of foreclosure" treated the same a foreclosure for credit purposes?

This would really depend on how it was documented in the agreement you had with your lender. You would need to read the entire agreement and see what was negotiated and what you signed in order to do this

It definitely would be if the credit report reflected that the foreclosure process was started.

Deed in lieu is treated similar to a short sale, but the timeline (number of years) to be able to purchase again is very similar to a foreclosure. If severely late on a mortgage (typically 4 months or more), a credit report most likely will be showing the mortgage as a foreclosure.

Short Sale, Deed in Lieu, and Mortgage Charge offs are all treated the same.. Depending on the loan product your applying for, the mandatory waiting period can be from 1 to 4 years... 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