Wednesday, March 11, 2015

How long after Chapter 7 until you qualify for a mortgage again?

Say that you kept the mortgage on your current house through the Chapter 7, which was last year. All payments are up to date and a good credit card has been established to increase credit history and score. You plan to eventually sell the house in a year or less.

Probably will rent a house for a while afterwards. How long until I can get an actual mortgage again? Credit score of 700+ currently, just have the derogatory marks on my credit report, of course.

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