2 years (shortest wait for veterans and active-duty members). FHA Loans: 3 years. USDA Loans: 3 years. Conventional Loans (Fannie Mae/Freddie Mac): 7 years.
No wait time (available almost immediately but come with much higher interest rates and down payment requirements). Can You Shorten the Wait? can i buy a home after foreclosure
The time you must wait depends on the type of loan you want to use. The clock officially starts ticking on the date the foreclosure sale was completed. 2 years (shortest wait for veterans and active-duty members)