www.RMUCT.com — If you have recently gone through a divorce, bankruptcy, or other life-changing event which negatively affected your credit rating, then here are a few tips to help you begin to discover how to rebuild your credit.
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by jonny2love

Question by bIGdADDY: How long to repair credit after a bankruptcy to qualify for a home mortgage?
Please provide information about experiance or knowledge relating to the amount of time it takes to repair ones credit after a chapter 7 bankruptcy. All loans reaffrimed thru bankruptcy have always been on track and have remained current. Any info provided would be a great help. Thanks

Best answer:

Answer by golferwhoworks
2 years as of now FHA 4 years as of now Fanny, Freddie but all of that is subject to change
I am a mortgage banker in TN & KY

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Question by randyjess717: How can you repair your credit after an foreclosure?
Me and my husband are going through some tough financial times and are looking at a possible foreclosure on a home we own in Florida. How can you repair your credit after an foreclosure?

Best answer:

Answer by hyabusawife
This is tough. Is there a possibility that you can file bankruptcy instead? In most bankruptcy cases you can keep your home. A foreclosure is more damaging than bankruptcy. It will take years to repair your credit. Try to save your house first.

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