how long after you clam bankrupt can you get a loan for a house?

1 ⤊

how long after you clam bankrupt can you get a loan for a house?

2007-01-30 11:05:17 · 2 answers · asked by bassetluv 4 in Business & Finance ➔ Credit

2 answers

If you did it BEFORE the new laws took effect, 21 years. If you did it AFTER the new laws took effect, you have to pay off all of what was outstanding at the time of bankruptcy and then wait an additional 7 years to get a loan.

2007-01-30 11:10:23 · answer #1 · answered by MrKnowItAll 6 · 1⤊ 1⤋

with ome lenders you can get a loan 1 day after the discharge of a bankruptcy, but it all depends on your credit score and what loan to value you want

2007-01-30 11:15:40 · answer #2 · answered by audrey 1 · 0⤊ 0⤋