Posted on: 12th Sep, 2009 08:35 am
How long do I have to be out of chapter 7 before I purchase a house?
Atleast 3 to 4 years
vernita1750
welcome to the forum
you need to wait for at least 2 years to qualify for an FHA loan and 4 years for a conventional mortgage
you can get more details about chapter 7 BK at http://www.mortgagefit.com/bankruptcy/chapter7.html
welcome to the forum
you need to wait for at least 2 years to qualify for an FHA loan and 4 years for a conventional mortgage
you can get more details about chapter 7 BK at http://www.mortgagefit.com/bankruptcy/chapter7.html
But atleast you will need 620 credit score to qualify for FHA loan