What kind of home loan interest rate could I get with a bankruptcy on my record?

by Jewish Historical Society of the Upper Midwest

Question by shawn b: What kind of home loan interest rate could I get with a bankruptcy on my record?
I have a chapter 7 bankruptcy on my record from 2003, but I have no debt and a credit score of about 700. And I have $ 20,000 for a down payment. If I got a home loan, would the bankruptcy make a huge difference in the interest rate? How big a difference?

Best answer:

Answer by Anjell
Well if you haven’t been discharged from your bankruptcy usually 7-10 years you may calm be able to qualify if you’ve had a good re-payment history for the last 2-3 years.Depending on the lender they may have mercy on your current ascribe or make you pay for your past. Shop around and use a credible broker.

What do you think? Answer below!