HomeFAQCan I get a mortgage one year after bankruptcy?
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Can I get a mortgage one year after bankruptcy?

Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

In a Chapter 13, yes — you can buy after 12 months of on-time plan payments with trustee approval on FHA and VA loans. After a Chapter 7 discharge, the standard wait is two years for FHA and VA.

Some non-QM lenders offer financing one day out of bankruptcy with a larger down payment. We'll tell you whether to wait for the better-priced government loan or use a flexible program now.

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