how recent can my bankruptcy be to get a loan

Generally speaking, with a chapter 7, the earliest you can get a loan is 2-years after the discharge date. But each situation is different, so be sure to contact a local mortgage broker for more information.

Even though you will hear answers like 12 months or 2 years, most of the time, it is really 3 years depending on your situation like why you filed BK and how have your performed at re-building your credit since then. Have an Experienced Realtor you trust in your area refer you to a lender that understands this type of loan.

CH13 requires 12 monthly on time payments for the lender to consider you for a new loan. You would still need to have sufficient credit and income to qualify, but guidelines allow you to purchase / refinance after 12 months with trustee's permission.. CH7 requires 2 years from the discharge date.. if there was a home involved with CH7 and you let the lender take back the home.. then you would need to wait at least 3 years from the date the property was taken out of your name to apply.. and only using FHA.. conventional will require 4 to 7 years before you would qualify. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

What type of BK did you file? For Ch a 7 we require 2 years from the discharge date. For a Ch 13 we require, on time payments for at least 1 yr and permission from the trustee, if you are still in the Ch 13 and 1 yr of on time payments and re-established credit if you, have been discharged. We also offer a portfolio program, that allows 1 day our BK with 20% down. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803