I would contact a mortgage broker. They just changed the rules once again. In a bankruptcy that involves real estate, the clock use to start ticking after the date of discharge for an FHA or VA loan. FHA was two years and VA was three from the Date of Discharge. NOW the clock starts ticking from the time the house is offficially taken back by the bank either via Deed In Lieu, a successful Short Sale or Sale Date after Date of Discharge. This is of course when ever the bank gets around to it. So it's 2 years from the date the house is taken, sold or given back to the bank for a FHA loan and 3 years from date the house is taken, sold or given back to the bank for VA loan. This is now adding more years to be able to purchase another fannie-mae backed mortgage..