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cyndijo12 · Joined: 06 Jan 2010 Posts: 1 1.27 Dollars($)

My husband and I lost our Florida home to foreclosure last year, after we had moved out of state and could not sell this home. We lost all equity we had and then some. Is there any possibility of us ever getting a another home loan.

jameshogg · Posted: Thu Jan 07, 2010 12:11 am Post subject:

Hi cyndijo,

You'll have to wait for 3-4 years after a foreclosure in order to qualify for a home loan. Meanwhile, you can try to improve your credit score. Check out the given page in order to know some steps to improve your credit score: http://www.mortgagefit.com/credit-rating/credit-repair.html . Once your credit score gets improved, you can start looking for mortgage. Depending upon your financial situation after 3-4 years of a foreclosure, you can qualify for a loan.

Thanks

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