âAvantâs decision to open this new center, create jobs and invest in Louisville will have a significant impact on the Blount County community,â Rolfe said in the release. âThere are over 77,000 Tennesseans employed in the business services sector and I appreciate Avant for continuing to grow this industry in our state.
The foreclosure process doesnât officially begin until you receive a notice of default, or a foreclosure notice. Even though, behind the scenes, your lender is already making plans and taking the necessary steps to foreclose, it officially begins with the Notice.nce you receive a notice of default, there is no time to waste, because the longer to wait to find a solution, the more the late fees and charges start adding up. Catching up 3 or 4 payments is a lot easier than it may seem, because your lender may agree to a partial payment plan, or even a mortgage modification.
1 FHA Loan After Foreclosure. 2  It is possible to qualify for an FHA loan just 1-3 years after a foreclosure. 3  In most cases, the wait is 3 years, but if your foreclosure was the result of an economic event that was out of your control you may be able to get a loan in as little as 1 year after the foreclosure. However, that wait time can be reduced if you provide a large enough down payment. 2  Down payments of 20% or more can reduce the wait time to just 2 years, compared to the 7-year wait for down payments of less than 10%. 3  VA Loan After Foreclosure. 4  The wait period for a VA Loan after foreclosure is just 2 years.