The time limit depends on a few factors:
1. The type of chapter filed,
2. Whether your husband was self employed or w2;
3. Why he resorted to bankruptcy - was it due to a medical event?
You may be able to get a loan 12 months after the bankruptcy (BK)is discharged as long as you have re-established a positive payment history. However, the BK must have been due to an extenuating circumstance, i.e, sudden illness, natural disaster, etc.
You will have to write a letter of explanation to describe what happened and why it was an isolated event.
Also, do you need both incomes to qualify? If not, then you can possibly get the loan on your credit and income. If he makes more money and you need both incomes then you're back to explaining the bk and hoping you'll find an underwriter (the person who reviews your loan application and makes the final decision for the bank) who will go outside the box and approve your loan.
These exceptions can be made by the bank and not all banks will consider a loan soon after BK. You just need to find a mortgage broker who believes in your application and will try to find a bank that will approve a loan based on your circumstances.
Also, banks will make exceptions if other areas of your application are strong. For instance, low debt to income ratios, low loan amount versus the equity (value) of the property, large down payment, strong work and rental history. They consider the whole kit and kaboodle.
Ask your mortgage broker to research bank/lenders that will lend to borrowers with recent BK's; they're out there but be forewarned the rates will be higher than the average 30 yr mortgage.
Down Payment Assistance Specialist/Loan Officer
Enterprise Mortgage Group
Winter Park, FL