How Soon Can I Buy a House After Bankruptcy or Foreclosure?

I find most people think they need to wait 5 to 7 years after a major credit event like a bankruptcy or foreclosure to purchase a home again. But this is not always the case. This article on Yahoo explains it well.

http://finance.yahoo.com/news/soon-buy-house-bankruptcy-foreclosure-090055537.html

Keep in mind, qualifying for a mortgage in today’s world can be tricky; if you get turned down by one bank that does not mean you can’t obtain financing. It is more important than ever to work with a mortgage planner that will take the time to understand the situation and knows how to get it done.

Call me today for a complete mortgage review 480-553-8770

One thought on “How Soon Can I Buy a House After Bankruptcy or Foreclosure?

  1. I currently would like to discuss the option of the Back to Work Loan. I have a prequalification letter and am interested in purchasing the home I rent.

    Michelle Jarosinski

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