suspended and conditional
I filed bankruptcy in 2002
I paid off the money went my house sold
I thought I was done.
Last week went to see about a mortgage on a house.
Didn`t have the discharge papers , I called the Trustee and was told I was did not have a complete discharged due to suspended and conditional on the file.
So I am trying to fix this and have every intention.
However I am being told I have to wait 2 yrs
before I can apply for a mortgage after the complete discharge is obtained.
Is this correct.
There is no rule that you must wait for 2 years after discharge to apply for a mortgage or any other type of loan, this is likely an internal requirement of the institution you are dealing with.
You would be best to contact other banks or mortgage brokers as you will likely find that each institution will have different requirements and you should be able to find one that will help.