We filed bankruptcy chapter 7 three years ago. We did not reaffirm the mortgage.

FHA has a back to work program that you may qualify for after 1 year as long as the circumstances leading up to your BK qualify you. The current mortgage will need to be reaffirmed, speak with your BK attorney as well.

Just because the existing loan doesn't show up anymore doesn't mean we don't know about it, or will not check into it. We will need to obtain a payment history from the current lender. Assuming the history is good, and everything else is in order, it is just a normal underwriting process. You can buy another house if you qualify for two homes. Contact a local mortgage broker for more information

Ok... so you have several things going on here.. first, if you filed BK7, and never re-affirmed the mortgage, then most lenders will require you to make 24 payments past the BK before you can apply for a new loan... however this would only apply for "Owner Occupied" properties.. you can refinance your existing property, or you can purchase another property to live in, and you wouldn't have to sell your existing home, however you will not be able to purchase an investment property using FHA ever, unless you intend to occupy one of the rental units. Also, with FHA, In most scenarios, you cannot have more than one FHA loan at a time, so if your existing loan is FHA, then you have to use conventional financing. For conventional loans, you would need to wait a minimum of 4 years past the BK, and put 20% down or more. Also understand that if you let your existing property go back to the bank, then you would not be liable for the reaming balance, since It was declared in the BK, but for the lender to get legal possession of the home, they would have to foreclose. Understand that in this scenario, you would still need to wait for the mandatory waiting periods associated with a foreclosure, which for most loan products would be 3 to 7 years.. Because your question was a big vague, I'm might not have addressed your question.. so, if you would like a more specific response, feel free to contact me.. 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