Can I obtain a Mortgage 1 year after a bankruptcy discharge?

Yes , you can but an FHA insured mortgage loan which provides among the lowest rates and enables you to put as little 3.5% down payment requires a two year wait, generally. There is an exception made but it is difficult to prove...that is made available when you had an economic or medical catastrophe. Documentation is required. The alternative we provide to borrowers with one year out of a chapter 7 requires a minimum of 20% down and the rate is a bit higher but still much better than hard money loans which typically require at least 30% down, pretty expensive, and rates are high..

yesYou can do a purchase with 10% down and a 680 middle credit score. Lower score requires more down payment. This is a portfolio program so rates are higher.Rocke 520 886-7283

FHA Guidelines REQUIRE 2 years out of Chapter 7 bankruptcy. If you are 1 year out from a Chapter 13 Bankruptcy, but you have to have clean credit and made the last 12 months to the trustee.

no you can not I have 32yrs in the mortgage industry ,also as a credit underwriter I do have another way for you plealse contact me at 602 330 1598 linda

For a Chapter 7 FHA and VA require 2 years after the discharge date, USDA required 3 years after the discharge date, and Conventional requires 4 years after the discharge date.