Getting A VA Loan After Bankruptcy Or Foreclosure…

2 years from completion date

If extenuating circumstances exist – 12 months from completion date with re-established credit

Note: If the occurrence was on a VA loan, the veteran may not have full entitlement available for the new loan.

2 years from discharge or dismissal date

Note: If bankruptcy was result of a business failure, provide evidence that;

Applicant obtained permanent position after business failure

No derogatory credit prior to self employment

No derogatory credit subsequent to bankruptcy

2 years from discharge or dismissal date

A minimum of 12 months of payments have been made, all payments have been paid satisfactorily and Trustee or Bankruptcy Judge has approved

That’s it for today,

Thanks for reading!