Under todays mortgage guidelines you should have no problem qualifying for a FHA loan. Just go to a mortgage bank or broker and see if you qualify before you go house hunting.

Answer Applies to: New York
Replied: 2/3/2012

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With that credit score that many years after bankruptcy, you likely can get an FHA loan but should also look at non-FHA loans.

Answer Applies to: Georgia
Replied: 2/2/2012

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The bankruptcy will still appear on your credit rating and some agencies will never loan to you again if you defaulted on one of the loans. Policies change from agency to agency.

Answer Applies to: North Carolina
Replied: 2/2/2012

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I would recommend that you consult with a mortgage broker. You are certainly eligible for a FHA loan since it has been more than two years since you filed bankruptcy. I'm not sure if your credit score is high enough to qualify though, but a mortgage broker can answer the final piece of the puzzle.

Answer Applies to: Colorado
Replied: 2/2/2012

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It sounds like you've done just about everything right rebuilding your credit quickly after bankruptcy. It's very common to get an fha mortgage at least 2 years after bankruptcy so you are in good shape.

Answer Applies to: Indiana
Replied: 2/2/2012

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This is not a bankruptcy question as much as a real estate question. Confer with your realtor so they can work with you and help you get FHA financing at this time.

Answer Applies to: California
Replied: 2/2/2012

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Talk to a mortgage lender about that.

Answer Applies to: California
Replied: 2/2/2012

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You should be able to. Go ahead and apply.

Answer Applies to: Utah
Replied: 2/2/2012

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Have you checked all three of your credit reports to make sure they are accurate? A 650 may still be too low to get an FHA loan, but after you check your credit reports, go see If you can get pre-qualified. If they tell you your credit score is still too low, start looking at things to bump it up. The mortgage person may have some suggestions, but off the top of my head, have you established any new revolving credit since your bankruptcy? ( a credit card, that you charge and pay off each month), do you have car loans that you are paying on? Just be careful that you don't run your debt up so much that they won't loan you the mortgage money because of that. And if there were extenuating circumstance for your filing bankruptcy, such as loss of employment, long illness, etc, you are entitled to put a 300 word explanation in each of the three credit reports. Good luck!

Answer Applies to: Michigan
Replied: 2/2/2012

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