I've heard there are new laws
Supposedly now only one year after a bankruptcy is discharged people can get qualified for first time home loans
Really need to know the truth about all of this
Supposedly now only one year after a bankruptcy is discharged people can get qualified for first time home loans
Really need to know the truth about all of this
Hi Jesika!
Welcome to forums!
I haven't heard of any such law. If you had filed Chapter 13, then you could have qualified for a FHA loan after 1 year of your bankruptcy discharge.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I haven't heard of any such law. If you had filed Chapter 13, then you could have qualified for a FHA loan after 1 year of your bankruptcy discharge.
Feel free to ask if you've further queries.
Sussane
My understanding is that the guidelines regarding bankruptcy are getting more strict rather than less. The agencies may be going to 7 years after bankruptcy sometime next year.