This page was written, edited, reviewed & approved by Emil J. Fleysher following our comprehensive editorial guidelines. Emil J. Fleysher, the Founding Partner, has 15+ years of legal experience as a bankruptcy attorney. Our last modified date shows when this page was last reviewed.
As a Bankruptcy and Foreclosure Attorney, I am frequently asked how long after Bankruptcy, Foreclosure, or Short Sale a mortgage loan can be obtained. While everyone's situation is different, the following table is a good overview. It elaborates on the relationship between mortgage loan, and bankruptcy, foreclosure, or short sale.
| Chapter 7 Bankruptcy or Chapter 11 Bankruptcy | 4 Years |
| Chapter 13 Bankruptcy | 2 Years from discharge4 Years from dismissal date |
| Multiple Bankruptcy Filings | 5 Years if more than 1 filing within the past 7 years |
| Foreclosure | 3 - 7 years depending on extenuating circumstances which would require additional documentation |
| Deed-in-Lieu of foreclosure-Foreclosure Sale
Short Sale | 2 years- 80% max LTV ratios4 years- 90% max LTV ratios
3 years from completion date Greater LTVs can require up to 7 years |
If you have questions about foreclosure, loan modification, bankruptcy, or other alternatives, please feel free to call my office at 888-886-0020, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.
Emil specializes in consumer bankruptcy, debt settlement, and mortgage modification, offering a holistic approach to solving mortgage and debt problems. Emil listens to clients, understands their circumstances and goals, and helps them make the right choices by presenting all options and contingencies.
He is dedicated to helping South Floridians regain their financial freedom from overwhelming debt caused by high interest credit cards, bad mortgage loans, and uninsured medical expenses.
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