how long after bankruptcy do I wait to try to get an VA or FHA aproval to purchase a home?

2 years from the discharge date is when we can close an escrow, you can start your pre-approval process in December of this year, just do know we can not close escrow until the 2 years is completing up, but in December you can at least start the process to look for home and make offers as long as the rest of the credit, income and the ability for the down payment is there and also a good time to run your credit to see if you need to do anything during the month of December to clean up and correct before the 2 years is up. Call me at 909-503-5600 and i can put you in my database to call you in December 2012 and run your credit and review to see how the credit and scores are. I look forward in hearing from you.

I can get you approved after 2 years fron the discharge date on the bankruptcy.

Current underwriting guidelines call for two years from the date of the Discharge Order for a Chapter 7. Some folks confuse this with the date the Chapter 7 Petition was filed. If your Discharge occurred on January 11, 2011, then you would not be able to close escrow until January 12, 2013. I would recommend that you contact a local Mortgage Banker/Broker to do a credit analysis now. Quite frequently after a Discharge, there are many errors on the credit profile that need to be cleaned up. Starting now will help make sure your scores are where they need to be next January. Be very careful with your payments between now and then, a single late payment could torpedo your plans. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

2 years after discharge date, and with VA you won't need to use your nest egg for a deposit as they go to 100% financing and FHA finances to close to 97%. With VA you need to make sure you qualify and fill out form ahead of time form 214...Best of Luck ANd always use a mortgage broker as they can shop all the banks for you....