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After declaring personal bankruptcy, how long will you have to wait until a bank will finance a house purchase

2007-05-25 07:44:49 · 6 answers · asked by beh01s 1 in Business & Finance Personal Finance

6 answers

Most banks require 2 years after the discharge and at least 4 active trades lines on the credit report.

2007-05-25 07:54:16 · answer #1 · answered by marisanj 5 · 0 0

You should visit HTTP://CREDIT.SAVE-FINDER.NET I am sure here you can find the best option for you

RE How long after bankruptcy until you can get a mortgage?

After declaring personal bankruptcy, how long will you have to wait until a bank will finance a house purchase

2014-09-23 07:07:14 · answer #2 · answered by Anonymous · 0 0

Sub prime notes 1 day from discharge and rate will be higher than normal
Conforming 2 years with re-established credit and 620 score or better

I am a mortgage banker in TN

2007-05-25 07:51:37 · answer #3 · answered by golferwhoworks 7 · 0 0

i dont know the exact time length, but i filed for bankruptcy and bought a house about a year and a half later. wasn't really difficult to my suprise.

2007-05-25 07:48:44 · answer #4 · answered by jacknoech 2 · 0 0

It will depend upon many factors go and ask the bank it would be better

2007-05-25 15:07:35 · answer #5 · answered by Anonymous · 0 0

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2015-02-10 17:14:22 · answer #6 · answered by Morton 1 · 0 0

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