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Buying a home after a bankruptcy

My bankruptcy was discharged a year and a half ago. my credit is reshaping really well.  Will I be able to get approved for a mortgage loan?
  • May 17 2011 - US
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Answers (4)

Profile picture for grover2828
It was a total discharge of all debt. I cant remember if it was 11 or 13.
  • May 18 2011
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Depends on What type of Bankruptcy you were in. If it was Chapter 13 then you are eligible for a mortgage loan as long as you qualify for it.
  • May 18 2011
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You also have to re-establish your credit.  Meaning you need to be clean from the date of discharge.
  • May 17 2011
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Grover,

 The rule of thumb is about 2 years after the discharge. I would recommend searching for a lender in your area who could assess your current as is state to prepare for that big Qualification day!

Good day.
  • May 17 2011
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