Purchasing A House After Bankruptcy
You worked hard. Rebuilt your credit. It can be yours! Call Now!You can buy a house quickly after bankruptcy. Merna Law can help.

How soon can I buy a house after bankruptcy?
Most mistakenly think that bankruptcy ruins your credit permanently. They couldn’t be more wrong. You can rebuild you credit to the point of qualifying for a home purchase within three years after your bankruptcy. Three things factor into your ability to purchase a house after bankruptcy. First, your credit score. You can rebuild your credit score quickly after a bankruptcy. You have to actively work at it. Check out our recovery program for help. Second, you have to be able to afford the mortgage payment. Third, you have to meet the qualifying amount of time since your bankruptcy which is generally three years.
Hundreds of Virginians purchase houses after bankruptcy each years. You can too.
Recover Your Credit Quickly
Many don’t understand that it is not the filing of a bankruptcy that hurts their credit. It is generally the poor payment history or financial difficulty that made them consider bankruptcy..
Affording The Mortgage
No matter how good your credit score becomes or how little you owe in debt, you will never be able to purchase a home unless you can show you can afford the mortgage payment.
Loan Modification
These agreements change the terms of the old mortgage. Frequently, the interest rate can be modified and the delinquent amount of the loan added to the outstanding amount.
More about buying a home after bankruptcy.
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Consider special programs like VHDA & VA.
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Don’t forget to start saving for the down payment.
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Work on improving your credit score immediately.
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Take out small, control debt to build your score.
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Get a security credit card to help credit reporting.
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Commit to your plan to purchase a house in 3 years.



