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I just went through a bankruptsy 23 mos ago. Mycredit score is back to 650 and working at the same job for 1 yr can i get a mortgage?

by weazelman237 from Gorham, Kansas. Sep 17th 2020 Reply

Cody Bellah (
#17 ranked lender in Missouri - 78 contributions

Was there Real Estate involved in the Bankruptcy?

Sep 17th 2020
Sara Deere (Mortgagequeen2)
#16 ranked lender in Missouri - 608 contributions

It depends on which type of bankruptcy 7 or 13. For a bankruptcy chapter 13, one has to obtain permission from the trustee in order to be able to purchase a home.

Sep 20th 2020
John Burke (jburke)
#29 ranked lender in Texas - 238 contributions

Hi Weazelman237,Possibly. As long as you did not include a mortgage in the BK & you have re-established your credit, you should be eligible for an FHA loan.If you have VA entitlement available, it wouldn't matter if you included a mortgage in the BK.| John Burke | Senior Mortgage Banker | Lending in ALL 50 states |Great Plains Bank | | (877)228-9069 | NMLS# 787231 |

Sep 21st 2020
Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 2,300 contributions

Yes. You are within one month of completing the FHA 'Penalty period', SoI would connect with your local, Licensed Mortgage Originator ASAP. By the time you apply, find a house and get it under contract, you'll be eligible. By the way, congratulations on working to get your Credit scores back up. It not always easy, and few actually try it and succeed. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ 480-889-9000.

Sep 22nd 2020
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