Quote Quoting LC Field
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What is actually looked at with respect to refi for my primary CA residence given that the much later sales of the surrendered properties were not even in my personal name and do not appear on my credit at all – only the BK? There is a question I saw on the FHA loan form that asks if I was ever “connected” to a foreclosure. In my mind… “no”….. because I only have a bankruptcy. I didn’t actually own them anymore when they continued on with foreclosures MUCH later. Can I answer “No” on that question? Lenders don't seem to be able to give me a straight answer on how to answer this. I only know about the sale dates because I actually opened the notification letters they sent to the old LLC address.
Oh, but you certainly were connected to those foreclosures. You OWNED the LLC that OWNED the properties. If that's not a "connection" I don't know what is.

Anyway, I'm looking at an FHA sample loan application and the question is:

"Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?"

http://fha-home-loans.com/forms/Loan%20Application.pdf

Looks to me that your answer to that question should be yes.

When you say lenders don't seem to be able to give you a straight answers are you talking to loan officers who make the decision or to mortgage brokers who have no clue as to what any given lender will do about the information?