Can I get a house loan if I recently got discharged from bankruptcy?
Hi, I recently got discharged from bankruptcy and I started a new business while also earning from my current employment. My income is steady and I thought of getting a housing loan but I fear that the finncial institutes will no approve it. Is it possible for me to obtain a housing loan even if I was recently discharged from bankruptcy?
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Most financial institutions would usually do a background check but there is no need to fear. If you just go discharged this year then it might be hard but it doesn't mean that you'll never be able to get a housing loan. Financial institutions will consider approving your housing loan but you wil need to be discharged from bankruptcy for at least a year or two.