Credit rating is one factor in making a loan decision. Given your bankruptcy, which is most likely reported on your credit report, it will be more challenging to get approved for a loan, since your credit rating will be low. Additionally, if you are seeking a refinance loan, your debt to income ratio will be considered as well as other variables in the loan underwriting process.
Keep in mind, however, that if you have accumulated equity or have a sizable down payment, that could provide the cushion in an LTV (loan-to-value) calculation to get you approved. Most of all, it cannot hurt to apply and see what lenders think of your situation.
Bills.com makes it easy to compare mortgage offers and different loan types. Please visit the loan page and find a loan that meets your needs.
I hope that this helps you make the right decision for your particular situation, but be sure to shop around and find a loan that meets your needs.
If you would like more information, please visit our mortgage resource page.
I hope this information helps you Find. Learn & Save.