The clock starts on your (when the court legally releases you from debt), not the date you filed. Chapter 7 (Liquidation) Chapter 13 (Reorganization) FHA Loan 1 Year (while in plan) or Immediate (after discharge) VA Loan 1 Year (while in plan) or Immediate (after discharge) USDA Loan Conventional 2 Years (after discharge) or 4 Years (if dismissed)
Buying a home after bankruptcy is achievable, but it requires navigating mandatory waiting periods (often called "seasoning periods") and actively rebuilding your financial profile. Most borrowers can qualify for government-backed loans within of a discharge, while conventional loans typically require a 4-year wait . 1. Mandatory Waiting Periods
Note: Waiting periods may be shortened to 12 months for FHA loans if you can prove "extenuating circumstances" like a major medical crisis or job loss beyond your control. Can you buy a house after bankruptcy? | Rocket Mortgage