CONVENTIONAL

Chapter 7 Bankruptcy

4 years from discharge date or dismissal date

Chapter 13 Bankruptcy

2 years from discharge date or 4 years from dismissal date

Multiple Bankruptcy Filings in the Last 7 Years

5 years from latest discharge date or dismissal date

Foreclosure

7 years from completion date

Deed-in-Lieu of Foreclosure

4 years from completion date

Pre-foreclosure, Short Sale, or Prior Loan Modification

4-7 years-Max LTV allowed by program

Consumer Credit Counseling

Must be approved by AUS

FHA

Chapter 7 Bankruptcy

2 years from discharge date or dismissal date

Chapter 13 Bankruptcy

year of the payout period must have elapsed and payments made on time

Foreclosure, Deed-in- Lieu of Foreclosure, Pre-foreclosure, Short Sale, or Prior Loan Modification

3 years from the completion date

Consumer Credit Counseling

1 year of the payout period must have elapsed and payments made on time

USDA Rural

Chapter 7 Bankruptcy

3 years from the discharge date or dismissal date

Chapter 13 Bankruptcy

year of the payout must have elapsed and payments made on time

Foreclosure, Deed-in-lieu of Foreclosure

3 years from the completion date

Pre-foreclosure, Short Sale, or Prior Loan Modification

3 years from the completion date

Consumer Credit Counseling

1 year of the payout period must have elapsed and payments made on time

VA

Chapter 7 Bankruptcy

2 years from discharge date or dismissal date

Chapter 13 Bankruptcy

2 years of the payout period must have elapsed and payments made on time

Foreclosure, Deed-in-Lieu of Foreclosure

Foreclosure – 3 years seasoning; Deed-in-lieu/short sale – 2 years seasoning

Pre-foreclosure, Short Sale, or Prior Loan Modification

2 years from completion date

Consumer Credit Counseling

1 year of the payout period must have elapsed and payments made on time

NON QM

Any Credit Events Listed Above

No Minimum Waiting Periods – Loan Terms/LTV Vary – Call for Details