Getting a home loan after a Bankruptcy - waiting periods

[Punisher]

If you had a Chapter 7 Bankruptcy: If you had a Chapter 13 Bankruptcy: If you had a multiple Bankruptcy filings in the past seven years: Sources:https://www.fanniemae.com/content/guide/sel052714.pdfhttp://www.freddiemac.com/learn/pdfs...ion_remind.pdfhttp://portal.hud.gov/hudportal/docu...5-1_4_secC.pdf
VA - http://benefits.va.gov/WARMS/docs/ad...m26_7/ch04.doc

[DaveInOroValley]

One thing to also add here is that you also have a waiting period after do a short sale from what a family member tells me after she went through one. Good info though!

[Punisher]

Yep, I'm also going to post the waiting periods for short sales and foreclosures.

[Punisher]

daveinwoodland - I started a thread with the waiting periods for short sales and foreclosures in our forum. It's definitely good information. Many people had adjustable rates and lost their homes, or for whatever reason had to complete a short sale or foreclosure, so this should be valuable. Also, it's nice that we've recently seen Fannie Mae & Freddie Mac relaxing the guidelines on these waiting periods. For a while the bar for conventional loans was 7 years with no exceptions. Now there are options in under 4 years. Anyways, it's there if you want to see it. Take care!