Keep balances below 10%–30% of your limit. Higher utilization suggests financial strain.
These are the fastest way to rebuild. You provide a cash deposit that becomes your limit. Lenders look for 12–24 months of perfect, on-time payments. buying a home after bankruptcy and foreclosure
The "clock" for your waiting period typically starts from the date of your (not filing) or the completion date of your foreclosure. By Loan Type Loan Program Chapter 7 Bankruptcy Chapter 13 Bankruptcy Foreclosure FHA 1 Year (payout) VA 1 Year (payout) USDA 1 Year (payout) Conventional 2 Years (discharge) Keep balances below 10%–30% of your limit