September 27th, 2005 by Questions
Will I able to qualify for a mortgage after bankruptcy? What steps should I take to be eligible for a mortgage?
September 28, 2005 at 1:29 pm, A licensed trustee said:
Yes, you will be able to qualify for a mortgage after bankruptcy, if you have a sufficient income, and if you have a suitable down payment. This means that once your bankruptcy is over, you should start to save money; the more you save, the easier it will be to qualify for a mortgage. For most people it takes at least a year or two after the bankruptcy is finished to save enough of a down payment to be able to qualify for a mortgage.
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