Posted on: 23rd Oct, 2010 05:36 pm
In September 2008 we had a short sale on our primary residence and a foreclosure on a rental property early 2009. Will we be able to qualify for a FHA loan with my husbands score being in the low 700's and mine in the 650 range?
After a foreclosure, you'll have to wait for 3-4 years in order to get a mortgage. In the meantime, you can take steps to improve your credit score. You can 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
http://www.mortgagefit.com/credit-rating/credit-repair.html