how long do i have to wait after a foreclosure to buy a house va
A foreclosure can knock anywhere from 85 to 160 points from your credit score. VA lenders will also typically require a two-year seasoning period following a foreclosure. Homeowners who lose an FHA loan to foreclosure may need to wait three years before securing a VA home loan. Many veterans are under the impression that having a VA loan foreclosed on means theyâve automatically lost access to their benefits.