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How to Get a Mortgage After Declaring Bankruptcy

Published: 16 August 2013

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Author: Carl Shave - CEO and co-founder
Last updated: 14Jul2024

If you have found the house of your dreams and your prior bankruptcy is posing an obstacle, you can rely on us to help you out. At Just Bad Credit, we specialise in helping clients get mortgages after having declared bankruptcy, or with a poor credit history. Under normal circumstances, you should be able to apply for a mortgage six years after discharging your bankruptcy. However, the ground realities are very different.

History Of Bankruptcy?

The moment lenders find out that you have a history of bankruptcy, they immediately view you as a risk. Either your mortgage application will be denied or you will end up with outrageous interest rates. Once you have discharged bankruptcy, it is important that you start rebuilding your credit rating. This requires patience and hard work, and will definitely take some time. During this period, you will not be able to apply for a mortgage, as most lenders will turn you away, which can further damage your credit history; and, if you do get approved, you will not be able to borrow a lot of money. This borrowing will come after thorough scrutiny of your repayment habits, and will also be accompanied with higher rates of interest. That is why you need a mortgage specialist like Just Bad Credit at your side to help you get the amount you are seeking for.

Adverse Credit Mortgages

We have been helping clients get access to adverse credit mortgages from different lenders. We work to ensure that our clients get the best deal and are not short-changed when applying for mortgages. We know how hard it is to get money to buy a home after declaring bankruptcy, however, we also believe that bad or adverse credit should not pose an obstacle when a person wants to buy a house.

Let Us Help You

At Just Bad Credit, we make certain that our clients get mortgages at an interest rate that they can afford; our personalised, efficient and prompt service is what makes us stand apart from others. We will also offer you advice and help you select the right mortgage for your needs. So, if you are looking to buy a house after declaring bankruptcy, contact us and we will ensure that you get just the mortgage you are looking for.