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Interested in taking advantage of my VA entitlement, but I had a foreclosure 2 years ago. The previous property was a FHA loan.

by felipe475 from Westby, Wisconsin. May 18th 2016 Reply


Joe Becker (JoeBecker)
#60 ranked lender in Minnesota - 55 contributions

Contact me tonight or tomorrow and we can discuss the exact dates of your foreclosure and what options you have with VA. Thanks! WI: 715-656-4500 or Toll Free: 866-680-2840.

May 18th 2016
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Kurt Stanaitis (TwinCity)
#12 ranked lender in Minnesota - 7 contributions

Thank you for your service. Call me direct anytime and I'll give you free advice over the phone 651-303-4236 I have been doing this for over 15 years and do only MN properties.A+ BBB rating When I shop for anything I always get 3 quotes to compare numbers. Whether it be a new TV or a new roof for my house. Kurt Stanaitis oOwner651.303.4236 Fax 612.465.5017101 E. 5th Street, Suite 205Northfield, MN 55057www.twincitylending.com

May 19th 2016
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

Per VA guidelines, you can purchase after 2 years post foreclosure, but understand that VA does not lend money.. they only insure loans against default.. the lenders, or those with the $$$ will oftentimes have their own rules above what VA calls for. it's these "overlays" that makes lending rules different one lender to the other.. and for most, they will make you wait 3 years.. The clock starts from the time your name is removed from title, not when you moved out of the home.. This all being said, you should contact a mortgage broker, not the big bank on the corner.. Since brokers deal with multiple lenders ( i have 21), you have a better chance of finding the lender that will allow for a VA loan after 2 years post foreclosure.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

May 19th 2016
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