Helping Families Finance Dream Homes Since 2006

How Soon After A Derogatory Event On My Credit Can I Apply For an FHA Loan?

Derogatory Event Waiting Period Requirements
Bankruptcy—Chapter 7 or 11 2 years from discharge date
Bankruptcy—Chapter 13 1 year out of the payout period
Foreclosure 3 years
Mortgage Modification 3 years
Short Sale(Deed in lieu of foreclosure) 3 years