In California home buyers can apply for a FHA Loan only after 2 years after a chapter 7 bankruptcy discharge.

- Chapter 13 Bankruptcy There must be 12 consecutive months of on time payments on all accounts (including utilities, cell phones etc) from the filing of the chapter 13 bankruptcy.
- Chapter 7 Bankruptcy There must be 24 months of perfect credit from the disposition of a Chapter 7 bankruptcy.
- Foreclosure There must be 3 years of perfect credit from the foreclosure.

FHA loan requirements also require you to not have any late payments or derogatory items after the bankruptcy. You will also want to have re-established credit after the bankruptcy and have some open lines of credit that you have on time payments with.