Without knowing the specifics of your situation (credit scores, type of bankruptcy, length of time since bankruptcy), you're probably better off refinancing into an FHA mortgage. If you had a Chapter 7 Bankruptcy, it must be discharged for a minimum of 24 months; it's 12 months for extenuating circumstances. If you had a Chapter 13 Bankruptcy, you must have made a minimum of 12 months of payments into the bankruptcy plan. All other judgments and liens (if any) must be paid off. You must also have reestablished good credit, and you cannot have any late payments on any accounts since the bankruptcy. Any late payments on any account since a bankruptcy will disqualify you for an FHA mortgage.