If you have been through bankruptcy, or are currently filing for one, you may be wondering if you’ll be able to procure a home when lending agents see the bankruptcy recorded on your credit history. But, there is hope, according to Carrie Reeder, owner of ABC Loan Guide. Get a mortgage loan, she advises.
“After bankruptcy most lenders want you to wait at least 2 years from the time of the bankruptcy discharge before they will consider you for a mortgage loan. After the two year waiting period is over, you should be able to get financing easily.”
Carrie lists down top three ideas to get a down payment for your mortgage aside from having the money saved in your the bank.
Read the article: Buying A Home After Bankruptcy – Get A Mortgage Loan After Bankruptcy | Top Government Grants