Mortgage after Chapter 13 bankruptcy

[Bostonit]

I'm almost done my chapter 13 plan and my mortgage guy thinks he will be able to get me approved for conventional financing. My credit has bounced back, I've got a steady job and income as well as a decent down payment. Has anyone here been able to qualify for conventional financing soon after a 13 discharge?

[Stevelgar]

I don't think you can get a conventional loan.

This should help answer your question. There are always exception to the rule.

I could not find Freddie Mac guidelines but normally Fannie is more loose than Freddie

 

https://www.fanniemae.com/content/guide/selling/b3/5.3/07.html

[Bostonit]

Thanks!

[Mayo]

I just hit my 2 year post 13 discharge. I just had an offer accepted on a 250K Conventional loan with down payment of 5%. I used a mortgage broker to get pre approved. I will let you know if it goes through. Everyone kept telling me to go with a FHA loan but the fees make is less appealing.