My guidelines state: 3 years for FHA. Hope this helps. RC

3 years is the soonest. We can discuss the requiriements in details...

They are right it is 3 years from the date forclosure is recorded. However, if it is husband and wife and only one person was on the mortgage the other may qualify. Land Contract is also an option. You could also have a parent purchase the home, with enough down as a rental home. Rent it to you until your 3 years is up and have it then purchased in your name, as long as your credit score is still above 640

3 years and you must have no delinquent credit after the foreclosure.

On a Reverse Mortgage yes. On a regular mortgage the wait is at least 3 years depending on the lender

Everyone who said 3 years is wrong, as TWO years is a possibility on some loans. I know some private lenders who will do a loan the day after a foreclosure depending on the situation.