Does the specific type of bankruptcy that I declared make a difference in getting a mortgage?
– Probably not. Those companies with specialized focus and experience will most likely have more detailed actuarial computations that may or may not reflect a statistical difference between borrowers who filed one type of bankruptcy versus another. However, the major generalized lenders will just group your application together with the others that have been marked as “high risk”. Simply put, it is not likely that the type of bankruptcy you filed will have a significant impact, however there is a chance that some lenders may take it into consideration.
