FHA After Bankruptcy

FHA after bankruptcy



Buy a house or Refinance

FHA after bankruptcy   FHA after foreclosure   FHA after short sale


FHA after bankruptcy - First and foremost lenders will want to see that you have re-established your credit after the bankruptcy. Make sure that you do not miss any payments. If you are buying a home or refinancing make sure you can provide the bankruptcy discharge paperwork.

Chapter 7 

At least two years must have elapsed since the discharge date of the borrower and / or spouse's Chapter 7 Bankruptcy, according to FHA guidelines. This is not to be confused with the bankruptcy filing date. A full explanation will be required with the loan application. In order to qualify for an FHA loan the borrower must qualify financially, have re-established credit and have a minimum 500 credit score.

Chapter 13

FHA will consider approving a borrower who is still paying on a Chapter 13 Bankruptcy if those payments have been satisfactorily made and verified for a period of one year. The court trustee's written approval will also be needed in order to proceed with the loan. The borrower will have to give a full explanation of the bankruptcy with the loan application and must also have re-established good credit, qualify financially and have good job stability.

The FHA Resource Center


Credit Score - FHA loans require a minimum 500 credit score to buy a house or refinance.

  • 203(b) FHA purchase program provides mortgages for home buyers  to purchase a principal residence with a low down payment and with lower credit standards.
  • 203(k) FHA purchase program is for the rehabilitation and repair of single family properties. Providing both the financing to purchase a property and the financing to make repair. The program offers an important tool for expanding home ownership opportunities.
  • HUD $100 down payment program for borrowers purchasing single-family HUD Real Estate Owned (REO). The program is limited to owner-occupant buyers who have not purchased a HUD REO property within the last 24 months.
  • Lease with option to buy mortgage. Lease with option to buy allows a renter to buy the property they are renting. A lease option mortgage allows for sellers credit.
  • Gift of equity mortgage loan. A gift of equity is a transfer of ownership of a property to a family member or someone. Gift of equity down payment and gift funds requirements.

Apply Now!

Call us 888-958-5382


FHA purchase FHA refinance FHA 203k loan FHA cash out $100 down loan

FHA loan requirements - ‎FHA loan limits - ‎FHA loans - ‎FHA Streamline


We recognize the importance to you of keeping your information secure and confidential. We will not sell or share your personal information.


We look forward to working with you.



Apply Now!

Call 888-958-5382

E-mail Us!


Recent Articles

  1. FHA Cash Out Refinance Requirements

    Oct 18, 21 08:37 AM

    FHA cash out refinance allows you to refinance up to 80% of the value of the property with a minimum credit score of 500. Use the equity you have built up in your home to cash out with an FHA loan.

    Read More

  2. FHA Construction to Permanent Loan

    Oct 12, 21 08:29 AM

    FHA construction to permanent loan. Do you want one loan to buy the land, build a new home with a construction loan and then have the loan convert to a permanent loan with only 3.5% down?

    Read More

  3. Refinance Minimum 500 Credit Score

    Oct 11, 21 08:00 AM

    Refinance to take cash out, divorce, payoff debt or home improvements with a 500 minimum credit score. FHA refinance allows cash out amount up to 80% of the value of the property.

    Read More


New Jersey Location

Florida Location

Call Now, Our Staff is Available

888-958-5382