![]() ![]() This means that you must wait for seven years after the foreclosure (11)… Sub-prime lenders would approve (10)…Ĭonventional loans insured by Fannie Mae or Freddie Mac have a seven-year seasoning period. The best way to qualify for a home loan with a foreclosure on your credit report is to immediately begin rebuilding your credit. Lenders that offer conventional mortgages may still offer you a loan within seven years of a foreclosure if you can show that extenuating circumstances led to (9)… How Soon Can You Get a Mortgage After Foreclosure?
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