NMLS # 6395
Financing Kentucky One Home at a Time.
For example: VA & FHA Loans have a minimum of 2 years from date of discharge. HOWEVER, under VERY extenuating circumstances, the will do it LESS than 2 years!
USDA is an option, but I would have to check on the Bankrupcty rules...While they DO vary from FUNDER TO FUNDER, I am fairly confident that you would not get approved inside 2 years there either..I will check tho and get back to you!
Everyone is correct! YOu need to speak with an EXPERIENCED lender asap!
Check out my blog on USDA loans by clicking here! http://activerain.com/blogs/krovy
I have done several blogs on 100% USDA 1st time home buyer loans...so there is alot of info in there...like, what you need to provide, property address..etc...My email is Darin@osmwi.com
Thanks so much!
So, again, your best bet would be to contact a lender.
Hope that helps!
Patriot Mortgage Services, Inc.
To begin your home search prior to finding out this information would just be a waste of your time. Knowledge is power! Find out where you stand first, and if you're unable to buy right now, ask the lender what steps you need to do to repair your credit. Follow their advice, and you'll be able to purchase down the road.
If you don't have a bank or a mortgage lender that you're comfortable working with, I'd be happy to refer you to some good people.
Good luck to you!
Depending on the age of your filing and the type of filing you may be out of luck for a few years. It typically takes 3 years of recovery to be approved to buy a home. Contact a local mortage broker and run the question by them. You never know! Good luck!