FHA Mortgage After Foreclosure: Waiting Period Rules and How to Qualify Again

FHA Loan Requirements for First-Time Buyers

Under HUD Handbook 4000.1, most borrowers face a three-year FHA mortgage after foreclosure waiting period, measured from the date title transferred to the date the FHA case number is assigned. This guide explains how that date is set, when extenuating circumstances can shorten the wait, what underwriters review, what the new loan costs, and how to prepare during the waiting years.