Chapter 7 & VA Loan

[Anonymous]

Our bankruptcy discharged in April 2019. Currently we have two auto loans and new credit cards and a self lender account to rebuild our credit. Goal, of course, is a 700 credit score or better after we get through the seasoning period for a mortgage. Has anyone had success buying a home 2 years post bankruptcy with a VA loan?

[FireMedic1]

Theres a lot to it. But in most cases that I researched. VA Loans allow Veterans and active military to bounce back faster after a bankruptcy, foreclosure or short sale. You can be eligible for a VA Loan two years after a Chapter 7 bankruptcy discharge; one year after filing a Chapter 13 bankruptcy; and two years following a foreclosure. Not written in stone. But this is what I found.

[hashtag]

As a veteran myself, everything I looked up in regards to a home loan after 7, indicated 2 years after filing like @FireMedic1 said. Of course other variables are also looked at but you are at least able to start process if you qualify. 

[Anonymous]

Thanks!