VA Loans

How long after a Foreclosure , before a Veteran can buy with a VA Loan?

February 18, 2011 at 4:46 am By

There are different rules that apply to the “seasoning” period since a foreclosure event, amongst different types of loans (CONV, FHA, USDA, VA).
VA Loans offer the lowest such period of time required since the foreclosure . . .i.e just 2 yrs!
FHA is presently at 3 yrs and so is USDA.
Deeds in lieu of foreclosure (where the Veteran homeowner handed the deed back to the lender , walking away from the home) as well as Short Sale are considered no different than a foreclosure for seasoning periods.

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