how many years do i have to wait after a foreclosure to apply for a new mortgage
FHA Loan After Foreclosure. It is possible to qualify for an FHA loan just 1-3 years after a foreclosure. In most cases, the wait is 3 years, but if your foreclosure was the result of an economic event that was out of your control you may be able to get a loan in as little as 1 year after the foreclosure.