Home loan after bankruptcy?

iVillage Member
Registered: 04-20-2004
Home loan after bankruptcy?
1
Sat, 01-28-2006 - 4:39pm

Hello everybody. Last year around June or July, my chapter 7 bankruptcy was finalized. I was wondering if anyone here might know how long I'll have to wait before I might be able to get accepter for a home loan through a bank???

Thanks,
Kristi

iVillage Member
Registered: 07-27-2005
Sat, 01-28-2006 - 4:51pm

I think 2 years is the common time frame. You'll probably get hit with a higher interest rate but you can always refinance after a few years.

Cristin