I had a bankruptcy discharged in March of 2005, and that bankruptcy did include a mortgage and home equity loan. My financial situation has improved, and I am thinking about buying another home, but am not sure if enough time has passed since the previous issues for banks to consider me as a client.
How long should one wait after declaring bankruptcy to try to get a mortgage?
Some non-conforming lenders will approve a mortgage one day out of BK. You can try toget one now if you want to.
How long should one wait after declaring bankruptcy to try to get a mortgage?
I believe its 7 years
How long should one wait after declaring bankruptcy to try to get a mortgage?
It does take 7yrs to clear but will show in the notes on your credit bureau. Look for a assumable mortgage and rebuild your credit with a bank
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