I am afraid the answer is "no" at this time. In order to give you more information about when you can buy we need to know what type of bankruptcy and what type of loan you are going for (Conventional, VA or FHA). For a Chapter 7 bankruptcy conventional is usually 4 years, with as few as 2 if you can meet the very restrictive "extenuating circumstances" requirement; FHA is generally 2 years; as is VA. For a Chapter 13 bankruptcy, conventional is generally 2 years from discharge date; FHA is 1 year with good re-established credit; and, VA is the same as FHA.
Bill Parker, Loan Officer
AZ Lic# 09011570
CPA--Licensed, no longer practicing
Legacy Group Lending, Inc.
15333 N. Pima Road, Suite 300
Scottsdale, AZ 85260
(O) 480-993-3080; (M) 602-565-3646; (F) 480-993-3081
MISSION STATEMENT: To create an unbelievably enjoyable experience for my clients, while guiding them through the most important financial transactions of their personal lives. My clients know me as their Mortgage Lender for Life. I truly appreciate your referrals.
If you think it's expensive to hire a professional to do the job, wait until you hire an amateur.
Red Adair, Oil well firefighter
Jose Dias, REALTOR
Realty One Scottsdale