How long after a foreclosure can I buy a home?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
After a foreclosure the standard waits are three years for FHA, two years for VA, and seven years for conventional, measured from the completion date. Extenuating circumstances can reduce some periods.
We'll determine your exact eligibility date and help rebuild credit during the wait so your file is strong when you're ready.
Foreclosure waiting periods
Foreclosure carries the longest waits. FHA asks three years. VA lands near two. Conventional wants seven, or less with a documented hardship and larger down payment.
The sale completion date starts the clock. Confirming it exactly sets an honest timeline.
Your comeback in Florida
Losing a home is not the end of ownership. Many Florida buyers return after a foreclosure. Clean credit since the event is the bridge.
We pin down your eligibility date. Bring the details and we will map the soonest, smartest path back.