is a recent forclosure a no for anything? good income and 3/1 l/v.

For FHA, the mandatory waiting period for a is 3 years... the clock starts when the home foreclosed and is actually taken out of your name.. not the day you moved out... some lenders are taking up to 2 years to foreclose... if that's your scenario, then the clock start after the 2 years... good income and low LTV does not help... 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

I'm sorry, but you recently lost a home to foreclosure, which means you didn't make your payments as you promised you would. What in the world makes you think that you are going to be eligible for a new home loan any time soon? You are gong to have to wait at least 3 years. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ Licensed in California and Arizona ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

bascially how recent and what state are you in? linda

Greetings. Three years from the date of transfer of sale, unless you are a United States Veteran or active duty, then it's only 2 yrs. Hope this information helps. Have a great day!Mac church.team@lionbank.com

and it depends on what state you live in... i have private money sources for a few states, they do not look at a credit report, do do require 25 to 30% down, and these sources are not the real high interest rate that hard money is known for linda you can email me at yourloanpartnerforlife@live.com