Qualifying for a mortgage after Chapter 13 Discharge

If you were to apply while you are still in BK and before it was discharged, you would need permission from the trustee, but you could have applied then.. However after your out of BK, you would have to wait 2 years. While in BK, it's unlikely the trustee would have approved you for more expensive home... with VA however, they only require 1 year out of BK to qualify, but you need to find a lender who does not have their own guidelines which extend that waiting period... 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. 480-287-5714 WilliamAcres.com

2 years from discharge date!

Everyone is going to tell you two years because that is how long your going to have to wait. You can keep asking and the answer will keep being the same. BUT I can do it for you right now 40% down the rate is 12% and 5 points so you can buy a house before the 2 years are up with this private money but you might not have that down payment or like the rate and points but it's a loan and you can re-fi in 2 years. If you don't like that loan you can wait to buy a house in 2 years or get a co signer to go on with your husband.