While some government loans allow low or no down payment, a larger deposit can offset the "risk" of your past bankruptcy in the lender's eyes.

Meeting the waiting period is only the first step. Lenders from sites like Bankrate and Rocket Mortgage typically require:

Most lenders look for at least two years of consistent employment history.

Focus on making on-time payments and keeping credit card balances low (ideally under 30% utilization).

You must provide your full bankruptcy petition, discharge papers, and often a Letter of Explanation detailing the cause of the bankruptcy and your subsequent recovery. Steps to Take Now

Beyond the down payment, prepare for higher interest rates that often apply to post-bankruptcy borrowers.

Contact specialized lenders early to understand exactly when you will be eligible for a mortgage pre-approval .

The "seasoning" period begins on your (when the court legally releases you from debt). Chapter 7 Waiting Period Chapter 13 Waiting Period Conventional 2 years after discharge FHA 1 year of on-time payments VA 1 year of on-time payments USDA 1 year of on-time payments