Credit
Can I get FHA after foreclosure?
Short answer
Yes, after a 3-year wait from the foreclosure recording date. Documented extenuating circumstances may shorten it.
Plain-English explanation
A short sale or deed-in-lieu typically follows the same 3-year FHA wait. Re-established credit, stable income, and reserves are scrutinized more carefully on a post-foreclosure file.
What can change the answer?
Recent late payments, thin credit history, disputed accounts, lender overlays, and automated underwriting findings can change the answer.
Related
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Credit
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.