The Bankruptcy Process Does Not Have to Stop You From Buying a Home!The Bankruptcy process stops many people from trying to get a home loan. A mortgage is not impossible! Find the best information and how to buy a home when you have filed. What I want to do on this page is provide you with some articles about this process and the effects it may have on your getting a home loan. We don't have to feel all is lost. There are things that can be done. 
I had a customer one time that called me up. He had been through a bankruptcy (BK loan officer term) a few years before. He was renting and paying over $700 a month. His family was growing and they needed space.After talking with him, I discovered that he had been working hard to get his bills in order. In fact it had been over 2 years since his BK had been discharged. He had a good job, things had improved for him financially and they wanted to buy a house. The only problem was his mental impression of the BK. He thought he had to wait 7 years before he could get a mortgage after bankruptcy! I explained to him that since he was past the 2 year discharge date of his BK and had re-established credit, he likely would qualify for a home loan after bankruptcy. His credit had improved. He had been working on the same job for several years. His rental history was good. He even had a little money saved up. So he applied for a loan and was pre-qualifed and bought a home just a few months later. He and his wife were so happy on closing day they had tears in their eyes. He thanked me for helping them get a home. He told me again, “I just didn’t think it was possible since I had filed!” Now what’s the moral of this story?? Even if you filed yesterday, in some cases you can still get a home loan. All you need is the education on what’s available to you. Again, you need someone that knows the loan programs out there, (Since there are thousands, you need this kind of help) and will help you through the process. Below you’ll find links to 7 different articles that explain the process and how you can proceed to get a home loan.
Where Would You Like to Go Next:BK Process Can You Get Credit After BK? Yes, Learn How.
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