In general, you must wait 2 years after bankruptcy in order to obtain a mortgage loan. Generally speaking, there are 4 types of mortgage loans available (FHA, Conventional, VA, and USDA). Each type of mortgage has slightly different guidelines for waiting period after bankruptcy. Here are the mortgage loan types along with the guideline for waiting period:

Loan Type

Chapter 7

Chapter 13

Conventional

4 Years

2 Years form discharge date, 4 Years from discharge date

FHA

2 Years

1 Year

USDA

3 Years

1 Year

VA

2 Years

1 Year