How long after a bankruptcy will my ability to get a mortgage be negatively affected?
– If you’re hoping to apply for a mortgage and be considered no different than any other applicant who has never declared bankruptcy, you’re going to have to wait quite awhile. The bulk of lenders will always catagorize your application as high risk when they see bankruptcy in your credit history. However, the majority of lenders will also not penalize you or charge you a higher rate if your bankruptcy was at least 5 or 6 years ago, assuming of course that everything since then has been acceptable.
