Mortgage QuestionsCategory: Mortgage QuestionsQualifying after a bankruptcy
Anonymous asked 5 years ago

Exactly how long after filing for a CH13 bankruptcy can I qualify for a Convential mortgage loan.  I filed July 2012 but decided I didn’t want to go through with the CH13 before a meeting with the creditors was ever initiated.  Unfortunately, I am still penalized for the action.  So the CH13 was dismissed the same month that I filed.  Again, i was penalized for that action.   Do I have to wait until July 2015 before I qualify for a Convential Loan?  that is the exact 3year mark.  I was told from several lenders that if the bankruptcy was discharged the wait period was 2years, but because it was dismissed, I had to wait 3years.

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