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I have 640 credit score but a bankruptcy discharged nine months ago where can i get a mortgage for 8

Profile picture for Tomnaib
house i want is a forclosure and values at 125000 asking 85000 30year term
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September 03 2010 - Kendallville
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Answers (2)

Profile picture for Julia Carnahan
Hi Tom,

Talk with a Mortgage Lender.    Depending upon your bankruptcy

FHA requires 1 year - Prior to applying for a new Mtg.

VA requires 2 years - Prior to applying for a new Mtg.

Your score should be sufficient;  and lenders will look at you as long as you have re-established on-time payments / credit history. 

Secured credit cards for $200  - use them for gas and pay regularly, are known to help.

Julia
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September 04 2010
Profile picture for 203K Specialist
You probably can't, at least not conventional or FHA financing.
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September 03 2010
 

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