I have a credit score of 530, bankruptcy chapter 13 discharged in 07. I found a home with 20 percent equity already in it, can I get a loan?

Can you get a loan? Realistically, the answer is no. Even in the height of the sub-prime loan era, with that credit score is was virtually impossible to get financing. Today... Flat out no. Sorry.If you start getting over 580, there might be a small chance... over 620, and now you are talking... Over 640, and you start really having options.

Hello, Have you had a chance to re-establish your credit? Do you have any open tradelines? If you do, how many and do you have any lates on any bills in last 12 months? What was the reason for the BK? Is the seller willing to carryback the remaining 20% equity? Can you prove your income?