How soon after a bankruptcy and a foreclosure can I get a mortgage?

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Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Generally speaking, 4 years. If there were extenuating circumstances, then possibly only 2 years. | 06.10.14 @ 16:13
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Answered by Ted Erickson, Mortgage Broker in Novato, CA
1 day really if you have enough of a down payment. Higher rates of course and more fees if you cant get qualified with FHA or Fannie/Freddie. | 01.21.15 @ 22:34
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Answered by Caroline Gerardo, C G Barbeau in Newport Beach, CA
One year with perfect pay after the event, buy then hold for the conventional refinance with 15 - 20% down | 10.27.15 @ 20:47
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$commenter.renderDisplayableName() — {comment} | 12.09.16 @ 19:34
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
It depends on the lender, or in my case, our investors. I've done it as soon as 2 years. We really like to see how you bounce back from it, not the actual bankruptcy itself, although it does play a part. Just focus on building as much good credit as you can and don't be late on anything after your bankruptcy, that's what will really mess with you. | 11.06.15 @ 21:53
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$commenter.renderDisplayableName() — {comment} | 12.09.16 @ 19:34
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