Waiting periods
| Event | Typical VA guideline |
|---|---|
| Chapter 7 bankruptcy | 2 years from discharge |
| Chapter 13 bankruptcy | 12 months of on-time plan payments + trustee/court approval |
| Foreclosure | Generally 2 years |
Source: VA Lender's Handbook. Individual lenders may require longer waiting periods or higher credit scores.
What lenders look for
- Re-established credit with on-time payments since the bankruptcy.
- An explanation of what caused it (job loss, medical, divorce) and why it's behind you.
- Stable income and reasonable residual income.
Getting ready
Start with a secured card or small installment account, pay everything on time, and keep balances low. We can review your credit and give you a straight timeline.
Common questions
Can I get a VA loan while in Chapter 13?
Often yes — after 12 months of on-time plan payments and with approval from your trustee or the court.
Does a prior VA foreclosure affect my entitlement?
It can reduce your entitlement until the VA's loss is repaid. We can check your COE to see where you stand.
What credit score do I need after bankruptcy?
VA has no minimum score, but lenders set their own. Rebuilding on-time history matters most.
See your real numbers
Our free calculator uses 2026 pay tables, BAH by ZIP and VA residual income standards. About 2 minutes, no credit pull.
Educational information only, not a commitment to lend or a loan approval. VA guidelines and lender requirements change; your eligibility and terms depend on your full application, credit, income and VA entitlement.