How long after a bankruptcy can I buy?

It depends on the chapter, the discharge date, and the program. The range is wide and the shorter end surprises most people. Send us the discharge date and we will tell you where you stand.

Does a foreclosure work the same way?

The waiting periods differ from bankruptcy, and there are circumstances that shorten them. It is worth checking rather than assuming.

My credit is still recovering. Is it too early?

Possibly, and if so we will say so plainly and give you a concrete list of what to fix. Then we will pick it up when you are ready.

Programs others skip

Buying After Bankruptcy or Foreclosure

A hard chapter is not a permanent sentence.

Bankruptcy and foreclosure carry waiting periods, and those periods are shorter than most people believe. Some programs move faster than the agency standard. The worst outcome is assuming you have to wait years longer than you do.

See if I qualify Call 708-888-1518

A modest American home at sunrise with a freshly painted front door and a newly planted tree

Who this is for

Borrowers with a discharged bankruptcy in their past
Homeowners who went through a foreclosure or short sale
Anyone who has been told to come back in seven years

The waiting period is shorter than you think
Agency waiting periods vary by program and by the type of event. Several are considerably shorter than the number people quote from memory.
Non-QM moves sooner
Where agency programs still require time, non-QM options may be available earlier.
Rebuild guidance
If today is genuinely too early, we will tell you exactly what to do between now and when it isn't — then check back in.
No lectures
You already lived it. We are here to get you back in, not to review your history with you.

Common questions

The things people
actually ask.

How long after a bankruptcy can I buy?: It depends on the chapter, the discharge date, and the program. The range is wide and the shorter end surprises most people. Send us the discharge date and we will tell you where you stand.
Does a foreclosure work the same way?: The waiting periods differ from bankruptcy, and there are circumstances that shorten them. It is worth checking rather than assuming.
My credit is still recovering. Is it too early?: Possibly, and if so we will say so plainly and give you a concrete list of what to fix. Then we will pick it up when you are ready.

Ask about After bankruptcy

Two quick questions to start. A licensed loan officer calls you back — usually within minutes.

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Equal Housing
Lender
NMLS #1660690Sam Ahmed #221307
Licensed in 27 statesPowered by NEXA Mortgage, LLC

From people in the same position

“Most mortgage sites feel like talking to a robot. Homeland felt like talking to a neighbor. They explained the difference between FHA and Conventional in plain English so I could choose what was best.”
Sarah M.Joliet, IL
“Speed is an understatement. We were in a bidding war in Oswego and needed a pre-approval letter on a Sunday evening. Sam picked up the phone and got it done. We won the house.”
Daniel L.Oswego, IL
“I was looking for a mortgage company that didn't view me as just another number. I wanted to be treated like a human being! I was referred by my friend and I'm glad I was! They took care of me!”
Brad J.Frankfort, IL