Bounce back fast after bankruptcy, apply for a mortgage loan - 2005-03-29
Anita Burleson has had difficulty getting credit since her bankruptcy two years ago, but she knows that's not true for every filer. The fact that there are repeat bankrupts tells her that.
Interestingly, it can sometimes be easier to obtain a mortgage after a bankruptcy than to get other types of installment loans. You may be able to qualify for a high-rate loan as little as six months after a bankruptcy, but you're probably better off waiting until you can qualify for an FHA loan.
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