How Soon After Bankruptcy Can You Buy A House at Buying

How Soon After Bankruptcy Can You Buy A House. You can get approved for a mortgage after bankruptcy in as little as one year. Once you’ve navigated through a bankruptcy and had it discharged, you can start rebuilding your financial life.

Both types of mortgage loans do have a waiting period before you can buy a home after filing bankruptcy. The lenders will check your credit report and see when you filed for bankruptcy. In some cases, you can apply for a mortgage after a bankruptcy after a waiting period of 1 or 2 years.

[View 39+] Conventional Home Loan After Chapter 13 Discharge

Depending on the type of bankruptcy, you may find buying a house after bankruptcy is only two to four years away. How long after bankruptcy can you buy a house? But there are a lot of details to get through. So, if you owe $150,000, or 50 percent, on your $300,000 home, you might be able to borrow up to $105,000, bringing the total owed to $255,000, or 85 percent.