So long as a property was not included in the bankruptcy, you should be fine time period wise. If a property was included, you still be fine going FHA or VA. For Conventional/Fannie Mae financing, its 5 years. Also, AL is correct in that you'll need to explain the grounds for your bankruptcy. Loss of job, pay reduction, health issues, loss of wage earning spouse through death or divorceand are all acceptable reasons. You also can not of had any serious lates or collections (excluding medical collections) since then.
You might want to start with where you stand. You can obtain a FREE copy of your credit report here:
For your FREE credit score you start here:
If your score is a 620 you might qualify for an FHA, but you will may a higher interest rate because your credit score is considered poor. If your credit score is 680-720 you can get better quality mortgage products and if your score is 749 or better you will have excellent credit and will qualify for outstanding mortgage products.
Once you pull your credit please feel free to contact me for a FREE consultation. I will help you interpet your credit report and provide a plan of action for you moving forward. Good luck!
The Credit Restoration Expert
If you have been keeping your credit clean since the bankruptcy then four years is enough.
I would recommend that you try to get an FHA loan. You can find a HUD approved lender in your area by clicking here:
Be ready to explain the reason for your bankruptcy and explain why you feel it would never happen again.
As far as the tax credit, the fact that you had a bankruptct won't disqualify you.
You would only need a co-signer if you don't qualify on your own. If you credit, income and assets are good then you can buy without a co-signer.
I hope this helps.