Navigating the homebuying process after experiencing a foreclosure, bankruptcy, or short sale can feel overwhelming, but it’s not impossible. Different loan programs have varying waiting periods, and understanding these can help you plan your next steps to get back into homeownership. In this post, we’ll break down the waiting periods for FHA, Conventional, VA, and Non-QM mortgages after experiencing financial hardships like foreclosure, Chapter 7 or Chapter 13 bankruptcy, and short sales.

When you’re ready to buy a home, one of the most important decisions you’ll make is choosing the right type of mortgage. The choice you make can have a big impact on your financial future, so it’s crucial to understand the differences between the options available. In this post, we’ll break down FHA, Conventional, and Non-QM mortgages, highlight who benefits from each, and help you determine which loan option might be the best fit for you.

Purchasing a home is an emotional journey—filled with excitement, anticipation, and the dream of a future full of cherished moments. For many, it’s a life-changing milestone that symbolizes stability, growth, and comfort. It can feel a bit overwhelming, but with the right guidance and a clear roadmap, it becomes a smooth and rewarding experience. At Seabright Mortgage, we’re here to walk you through each step, so you know exactly what to expect on your path to creating your dream home.