How Long Does a Foreclosure Stay on Your Credit Report? – NerdWallet

Foreclosure happens when you default on your mortgage and your lender takes ownership of the home.

A foreclosure will remain on your credit report for seven years and bring down your credit score. After that period of time, the foreclosure mark should automatically fall off your report.

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How a foreclosure affects your credit

A foreclosure’s impact on your credit will depend on your credit standing before the negative mark hit. The higher your score, the greater the likely impact.

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