Can I get a conventional loan after bankruptcy?
Yes, after a waiting period: Chapter 7 typically 4 years from discharge, Chapter 13 typically 2 years from discharge or 4 years from dismissal. Documented extenuating circumstances may shorten the window (Ch7 to 2 years). FHA and VA seasoning windows are shorter than conventional.
Plain-English explanation
Conventional bankruptcy seasoning is the strictest of the major loan types. Standard windows: Ch7 4 years from discharge, Ch13 2 years from discharge or 4 years from dismissal. Extenuating circumstances (medical, job loss outside borrower's control) can compress the wait to 2 years on Ch7. Re-established credit is a separate underwriting factor on top of the calendar. Subject to Fannie/Freddie guidelines.
What can change the answer?
Recent late payments, thin credit history, disputed accounts, lender overlays, and AUS findings can change the answer.
Want the real answer for your conventional file?
Conventional guidelines are the rule. Your credit, income, DTI, PMI, LLPAs, and Florida payment math are what decide the actual answer.
More conventional questions on Credit
Educational only. Conventional loan guidelines, lender overlays, rates, fees, PMI, LLPAs, and underwriting requirements can change. Final eligibility depends on full underwriting review.