Sacramento Bankruptcy: What Next Steps Should you Take When Buying a Home After Bankruptcy?
As explained on this site, the first steps before applying for a mortgage after bankruptcy is to check the accuracy of your credit report and determine what income is available for your mortgage payment. The easiest way to shop for a home after bankruptcy is to be pre-approved. Find out how big a mortgage loan you qualify for and then choose a home in that range. Loan officers call this process pre-qualification and most realtors and bankers will gladly help you with this process. Even after bankruptcy, we think you will be surprised at just how many lenders and realtors will still want your business. Many of those who will not work with individuals post-bankruptcy will still refer you to someone who can. Call Sagaria Law’s Sacramento office for your consultation to begin the process today.