Home Buying in 32828>Question Details

Marco Tony R…, Home Buyer in Orlando, FL

can i buy a house with a 2006 bankruptcy record and no new open credit accounts since the bankruptcy?

Asked by Marco Tony Rivera, Orlando, FL Wed May 2, 2012

Help the community by answering this question:


-I work with a fantastic lender, we have come across this situation quite a few times. Im sure we will be -able to help! Give us call!

Elena Cruz
Realtor® & Marketing Director
Lovera Realty
810 E Colonial Dr
Orlando, FL 32803
Cell: 407.485.8191
0 votes Thank Flag Link Thu Aug 1, 2013
Also try GTE and other credit unions. One of my tenants was able to buy a house after closing a few months after a short sale closed and he was about a year after bankruptcy, too. Credit Unions don't have to fit you in the precise box that will allow a mortgage broker or bank to immediately sell off your mortgage for a profit the next day after you close. Credit Unions will weigh the risk and if you can come up with 20% down and have a solid work history and not much debt you may have a chance.

All the best,
Alma Kee
0 votes Thank Flag Link Thu May 3, 2012
The standart is that you have to wait 3 years after a bankruptcy and then have good new credit. But no credit is better than bad credit. Talk to a mortgage broker, they will advice you how to re-establish credit fast and may even have other ways of proving you are credit worthy (sometimes cellphone bills and utilities could be use in lieu of credit reports). In a few months you should be in great shape to purchase a home. Was this answer helpful? If so please click on the "thumbs up" or the "best answer".

Tony Vega
Charles Rutenberg Realty

Search our local MLS for free at http://www.SearchKissimmeeHomes.com
0 votes Thank Flag Link Wed May 2, 2012

Had a client a year ago in the same situation and had them work with this mortgage company and was able to close with a few months.

Please contact - Renee at VP Mortgage Group, 352-404-9619. They can help you. Feel free to call me with any questions.

Claudia Jenkins
Realtor / Charles Rutenberg Realty
933 Lee Road, Suite 300
Orlando, FL 32810
407-709-6674 - Direct
0 votes Thank Flag Link Wed May 2, 2012
I might be able to help you, give me a call at 407-770-4241 or email me at centralflhomes@yahoo.com
0 votes Thank Flag Link Wed May 2, 2012
Good Afternoon,

It may be possible depending on your overall credit scenario. Please email me or give me a call and I would be glad to help get you this information. Thank You and good Luck.

0 votes Thank Flag Link Wed May 2, 2012
Hello Fed,

You need to restablish your credit, I have great mortgage brokers that can guide so you will be able to buy a property again. Please feel free to contact me I'm a Realtor in East Orlando, I live in the area.

Anabella Tercero Okrassa
0 votes Thank Flag Link Wed May 2, 2012
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