This is a question I get more often than you’d think, and the answer surprises most people: a bankruptcy doesn’t permanently disqualify you from getting a mortgage and depending on the type of bankruptcy you filed and which loan program you use, you may be eligible sooner than you’d expect — in some cases, before your bankruptcy is even fully discharged.

The two things that determine your timeline are which chapter you filed and which loan program you use. Let’s break both down. [Read more…]