Looking for a 60%LTV after a forclosure

When was your foreclosure? You typically need to be at least 3 years removed from it to do another loan no matter your other circumstances.

The question is how long has it been since the foreclosure... if it's been less than 3 years (2 years for VA) then there is no conforming program out there for you.. you will have to use Hard Money lenders. .relaxed restrictions and requirements, however really high costs and fees.. but there is a product out there for you... I'm a lender here in Scottsdale AZ and I only lend in AZ.. if you or someone you know is looking for financing options, please feel free to call me or pass along my information.. 480-287-5714 WilliamAcres.com

Until 3 years are up, you are going to be looking at a private money lender (hard money). If you are close to the end of your "penalty period, then I would start working with a local Mortgage Banker/Broker to get yourself in top shape. I don't recommend Private money because they are pricy and what happens if you can't finance out of the loan when the balloon maturity arrives? Once again you're toast. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

You have some good answers here. Pick a local lender. The process will go much smoother for you. Thanks and good luck!

i can offer you private money financing.. but it all depends on the loan amount.. please email me at yourloanpartnerforlife@live.com