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Mortgage after BK

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I am not sure if this is the right place or the BK forum is the right place.


I filed BK Chapter 7 and it was discharged in November of 2016. I included my home and am just letting it go. So eventually they will do a foreclosure to get the property out of my name. So what time line am I looking at purchase another home?

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I saw with Fannie Mae they will accept 2 years after BK with extenuating circumstances? I don't know if you know anything about that program or not? If not Ill be waiting a long time to get back into a home.

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they say that. but i have never gotten an extenuating circumstance approved.

hard to sell them.


extenuating: you or other person on mortgage has life altering health issue. cancer, almost die in car wreck


not extenuating: job loss, divorce, kid almost dies in car wreck.


as it was explained to me.



3yrs is pretty gracious.

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