FHA or Conventional Home Loan after Chapter 7HelloMy husband and I had a Chapter 7 discharge this past August 2013. I realize the waiting periods to qualify for an FHA home loan would be at least two years, and a conventional loan waiting period at least four years.My question is, after a Chapter 7...would we still be able to qualify for a low down payment FHA home loan after the two + year waiting period (provided that we have re-established a decent credit score, etc)? It does not look like we will have the means to come up with a 20% down payment and really need the low down payment assistance.We are also going to be older first time buyers (in our 40's when we are able to buy). Any info or advice?January 23 2014 - US00YesReport 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.