Mortgage Lenders That Work with Chapter 13 Filers 2026

Michael Thompson, Reverse Mortgage & Senior Specialist
Reverse MortgagesHECM LoansSenior Financing

Yes, you can buy a home after Chapter 13 bankruptcy. FHA and VA allow financing just 12 months after on-time plan payments — even while still in Chapter 13 with trustee approval. This guide covers waiting periods, lender requirements, trustee approval, and how to rebuild credit for mortgage approval.

Quick Summary: FHA/VA: 12 months on-time plan payments (can be during active Chapter 13 with trustee approval). Conventional: 2 years post-discharge. USDA: 3 years post-discharge. Credit score 580+ (FHA), 620+ (conventional). Trustee approval required for in-chapter financing. Scores recover to 650-700 within 12-24 months.

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Waiting Periods by Loan Type

Loan TypeDuring Chapter 13Post-DischargePost-DismissalMin Credit Score
FHA12 mo on-time payments + trustee approvalImmediate (if no lates)3 years580
VA12 mo on-time payments + trustee approval12 months2 years580-620
ConventionalNot allowed2 years4 years620
USDANot allowed3 years3 years640
JumboNot allowed5-7 years7 years700+

Discharge = Chapter 13 plan completed and bankruptcy closed. Dismissal = Chapter 13 case dismissed (plan not completed). Waiting periods start from the discharge or dismissal date, not the filing date.

FHA lets you buy just 12 months after on-time Chapter 13 payments

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Lenders That Work with Chapter 13 Filers

LenderLoan TypesMin ScoreChapter 13 Friendly?
Rocket MortgageFHA, VA, Conventional580 (FHA)Yes — post-discharge
Wells FargoFHA, VA, Conventional580 (FHA)Yes — in-chapter with trustee
Bank of AmericaFHA, VA, Conventional580 (FHA)Yes — post-discharge
Veterans UnitedVA580Yes — VA specialists
Carrington MortgageFHA, VA500 (FHA)Yes — credit-challenged focus
Freedom MortgageFHA, VA580Yes — FHA specialists
Navy FederalVA, Conventional580Yes — military focus
LoanDepotFHA, VA, Conventional580 (FHA)Yes — post-discharge

Carrington accepts FHA scores from 500 — the lowest in the industry

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Get FHA Pre-Approval After Chapter 13

FHA is the most Chapter 13-friendly loan type. 12 months on-time payments + trustee approval = you can buy.

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Getting Trustee Approval for a Mortgage During Chapter 13

If you are still in an active Chapter 13 plan, you must obtain written approval from your bankruptcy trustee before applying for a mortgage. Here is the process:

  1. Contact your trustee: Call or write to your bankruptcy trustee office. Some have specific forms for new debt authorization.
  2. Prepare your budget: Show that the new mortgage payment fits within your income and does not reduce your Chapter 13 plan payments.
  3. Get pre-approval from lender: Obtain a pre-approval letter from an FHA or VA lender (without trustee approval, this is for planning only). Get pre-approved for FHA after Chapter 13
  4. Submit request to trustee: Include pre-approval letter, updated budget, and explanation of why buying a home makes financial sense.
  5. Trustee reviews: Trustee evaluates whether new debt is reasonable and does not jeopardize your plan.
  6. Receive approval letter: If approved, you receive a written authorization to incur new debt. Your lender will need this.
  7. File motion with court: Some districts require a court motion in addition to trustee approval. Your attorney can file this.

Rebuilding Credit During and After Chapter 13

During Chapter 13 (1-2 Years)

After Discharge (Months 1-12)

Expected Credit Score Recovery Timeline

Time After DischargeExpected Score RangeMortgage Eligible?
At discharge580-620FHA (if 12mo on-time during plan)
6 months620-660FHA, VA
12 months640-680FHA, VA, USDA
24 months660-720FHA, VA, USDA, Conventional
36 months680-740All loan types, better rates

Bad Credit Mortgage Specialists

Lenders that specialize in borrowers with bankruptcy, low credit scores, and credit challenges.

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Documents You Need for Mortgage After Chapter 13

Chapter 13 vs Chapter 7: Mortgage Impact Comparison

FeatureChapter 13Chapter 7
TypeRepayment plan (3-5 years)Liquidation (debt wiped out)
FHA Waiting Period12 mo on-time payments2 years post-discharge
VA Waiting Period12 mo on-time payments2 years post-discharge
Conventional2 years post-discharge4 years post-discharge
Can buy during bankruptcy?Yes (with trustee approval)No
Credit recovery speedFaster (shows repayment effort)Slower
On credit report for7 years from filing10 years from filing

Chapter 13 is better than Chapter 7 for mortgage approval — shorter waiting periods

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Frequently Asked Questions

Can I buy a house while still in Chapter 13?

Yes, with FHA or VA. You need 12+ months of on-time plan payments and trustee approval. Conventional loans require discharge first. Get pre-approved for FHA during Chapter 13.

How soon after Chapter 13 discharge can I get a mortgage?

FHA: immediately if no late payments during plan. VA: 12 months. Conventional: 2 years. USDA: 3 years. Compare lenders by waiting period requirements.

What if my credit score is still low after Chapter 13?

FHA accepts 580+ (Carrington accepts 500+). Focus on paying down cards and making on-time payments. Scores typically reach 650+ within 12 months of discharge. Compare bad credit mortgage specialists.

Can I refinance my mortgage after Chapter 13?

Yes. After discharge, you can refinance to lower your rate or access equity. FHA streamline and VA IRRRL have no credit score minimum with some lenders. Check refinance options after Chapter 13.

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Ready to Buy After Chapter 13?

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