Mortgage Broker Company - Can you get a mortgage loan after bankruptcy?

You can get a mortgage loan immediately after their bankruptcy discharge. Though you do realize your interest rates you will be able to obtain will be very high, which of course increases the amount of your mortgage payment. It is better if you wait about 24 months before trying to obtain a mortgage.

You also need to rebuild your credit. Open new credit accounts and re-establish your credit. You may end up starting with a secured credit card. Make sure you maintain current payments, keep your balance and try to pay off the balance each month. As your credit improves so does your chance for a low rate mortgage.