How long after Chapter 7 bankruptcy can I buy a home?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
After a Chapter 7 discharge, the standard waits are two years for FHA and VA and four years for conventional. Documented extenuating circumstances can shorten the conventional wait to two years.
The clock starts at the discharge date, not the filing date. Some non-QM lenders lend sooner with more down. We'll pin your exact eligibility date for each program.
Chapter 7 waiting periods
Chapter 7 sets clear timelines. FHA and VA want two years after discharge. USDA also lands near three. Conventional asks for four years.
The clock starts at discharge, not the filing date. That difference can move your eligibility months earlier than you think.
Rebuilding after Chapter 7 in Florida
The waiting period is only half the job. Clean new credit during that time is what wins approval. Two solid years usually suffice.
We help you document the recovery. Bring your discharge date and recent credit, and we will confirm your buy date.