How Long After Foreclosure Can I Get an FHA Mortgage?

Answer When it comes to inserting objects into your body, sterilization is important--and not only for things made of metal. Rubber, too, should be sterilized--especially if it is to be used more than onc... Read More »

Top Q&A For: How Long After Foreclosure Can I Get an FHA Mor...

How long after foreclosure can you get an FHA mortgage?

On One Hand: It Should Only Take Three YearsAccording to the Federal Housing Administration, a borrower can procure a home mortgage with FHA three years after foreclosure. The borrower still must m... Read More »

Can a second mortgage go into foreclosure?

Second mortgage loans, which include home equity loans and lines of credit, are secured by real property and can be foreclosed upon. Failing to make payments on a first or second mortgage can lead ... Read More »

What is mortgage foreclosure ?

A mortgage foreclosure is when the lender takes back or repossesses a home when a borrower is late with payments. The time frame to start the foreclosure process can vary from lender to lender.Sign... Read More »

What happens to a second mortgage after foreclosure?

When a first lender forecloses on a property without enough equity to pay the second mortgage, the second mortgage loses its security interest in the property.Recourse LoanA recourse loan allows a ... Read More »