FHA Loan and BankruptcyHello,My 2 year discharge date mark is coming up soon (September) and was curious to the "At least two years since discharge" wording on the requirements for an FHA Loan. My wife and I are first time home buyers with steady income (45k more than 3+ years) positive trade lines and not a late payment made for 3 years. FAKO scores reporting 640 across the board and my wifes is hovering around 700.Is is possible to start the pre-approval process early before th discharge date? Also any first time home buyer programs that can help us with down payments or anything like that? Being a realist, I realize that we might be a year or two out and house hunting can take awhile, but we are simply curious. It would be nice to be in a house by this upcoming Christmas, but we are comfortable waiting for awhile.If we were to save for a down payment, we are estimating that we would have around 10-15k by September 2012 which would be 3 years out of BK Chapter 7.Any information regarding BK\FHA and down payments would be greatly appreciated. February 08 2011 - Great Falls00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.