FHA Loan Delinquency Time Frame

First off, if you’ve had a foreclosure in the past, then you’ll have to wait at least three years from the date of the trustee’s sale to get a new FHA loan.

Now if you’ve had a short sale in the past, then the amount of time you’ll have to wait will depend on a couple of factors. If you were in default on your home loan at the time of the short sale, then you’ll have to wait at least three years.

If you the home loan that you had the short sale on was an FHA loan, then you’ll also have to wait at least three years from the time of the short sale.

Now if the home loan you had at the time of the short sale was not an FHA, and you didn’t miss any mortgage payments prior to having the short sale done, then there shouldn’t be any time restriction for you in getting an FHA home loan.

With all that said, I’ll give a little disclaimer here by saying that these guidelines can vary depending on the bank you’re talking to and they can also change over time as the FHA can always change its guidelines.