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Question by cattrich: How long does a foreclosure affect your credit score?
My house has just been foreclosed. How long will it be until I could possibly be approved for another home loan?
Best answer:
Answer by Emily S
Well, ambulance I know a bankruptcy takes at least 7 years to come off of your credit. It might depend on your states laws. You should ask your lawyer.
Give your answer to this question below!
The foreclosure will stay on your credit report for 7 years. Most lenders will not touch you with that on your credit report. Some may but give it a least 1-2 years and maintain excellent credit in the mean time.
7 years