You can get a 3.5% down payment together (ie, buy a home for $200K, you need $7,000.00)
You have at least 2 years since your BK
Your score can be moved up to about 620 or higher...
Call me if you care to discuss this, I help folks with this type of thing all the time,
President, Team Golden Homes &
Managing Broker, RE/MAX Performance Plus
Mobile: (206) 412-2608
"I'm never too busy to help with any of your real estate needs"
Currently the majority of lenders out there would be looking for a higher score and more down, depending on what price range and where you want to buy. Something I've done with several prospective clients is worked with them months to even a couple of years in advance to improve their scores, set up budgets and prepare them to be able to buy sooner rather than later. I would recommend you find a mortgage broker who would be willing to assist you in this way.
I don't think you're quite ready to take on the responsibility of owning a home - there is more to it than just paying the mortgage, taxes and insurance.
Just my opinion..........