Getting a Mortgage After Bankruptcy

As strange as it may sound, you can get a mortgage after you have cleaned up your debt problem or received a discharge in bankruptcy. It usually takes about two years of clean credit to get one.

The reason you can get a mortgage is that it is usually quite a bit easier to pay bills in a timely manner after you have gotten out of debt,  A record of paying bills on time again is key to getting a home loan after debt. You need to have established a new history of good credit, instead of your old history of bad credit. Paying bills on time and rebuilding your credit will help you become a more attractive candidate to a lender.

Click the link to learn more about the various types of mortgages or to apply for a mortgage.