Best of Luck!
Please have a licensed California Loan officer look at your specific situation and pre-approve you.
Please let me know if I can help.
Most agents I ask say they can't predict such a thing and that it is unethical to do so... some realtor guideline?
I have read the answers below and you are getting the same answer from most of the lenders out there which are correct. One thing to remember is that the type of BK has an impact on how quickly you could purchase a home. You need to rebuild your credit after the BK (open new trade lines)because this will help your FICO scores.
We have excellent programs available for our clients and we are located in the city of Buena Park. We are the buyer specialists in the area and are experts when it comes to programs with down payment assistance and finding the right lender to fit your needs.
Right now most of our clients are taking advantage of our 0.5% down program, fixed for 30 years, the best you can get. Feel free to call me at 714-348-1774, again my name is Daryl Owen and I am a Real Estate Broker with Nationwide Real Estate Executives. Looking forward.
You should contact a lender / loan officer. There are other factors that go into financing, and the BK may not be your only concern. There are also hard money lenders out there, but with your situation you can look to pay a higher interest rate on the loan. If you have any questions, please let me know. I can refer you to a lender that can answer all your questions and assist you.
The first step is to see what your current MID FICO score is (and don't take the word of Free Credit Report.com), please allow my trusted lender to run their own tri-merge report to get an accurate number. I work with Bank of America & other mortgage brokers who have access to more programs.
If your current score is actually closer to 620-640, you could qualify for the Cal-Access program which would only require a 1/2 percent down payment & then we get a seller to pay your closing costs.
Please call or email me so we can discuss your options further.
Realtor Since 1996