How long do I have to wait after bankruptcy to get a VA Loan?

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How long do I have to wait after bankruptcy to get a VA Loan?

A bankruptcy or foreclosure doesn't automatically disqualify you from getting a VA Loan, but a lot of it depends on when the event occurred. In most cases, veterans will not be able to secure VA financing for two years after a bankruptcy or foreclosure.

The VA has some exceptions that allow military members to participate in the program before that two year mark, but remember that VA-approved lenders and not the VA ultimately issue the loan. Lenders have more stringent standards that rise above the VA's requirements, and that means there are almost no ways for a borrower to secure financing for at least 1 to 2 years.

For more information, please call Veterans United Home Loans to speak with a VA Loan Specialist.

Call 800-884-5560 to speak with one of our VA mortgage specialists, or Get Started Now
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