I want to buy a home as a first time home buyer to get the $8k credit, but I have a bankruptcy on my

Tips and Deals Forums Consumer Credit Improve Credit I want to buy a home as a first time home buyer to get the $8k credit, but I have a bankruptcy on my

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      Anonymous
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      The IRS says you have to have a purchase contract by April 30th to qualify for the credit. I filed Chapter 7 bankruptcy in January 2008 and it was discharged in May 2008. I know that for FHA loans, you can be approved 2 years after discharge, but I will be a month shy of that. Any suggestions or other options for financing that will allow me to take advantage of the credit? My credit score ranges from 632-658 (obtained today from the 3 credit bureaus).
      I read on the HUD website that you can get an FHA loan less than 2 years after bankruptcy discharge with proof of extenuating circumstances and good payment history since…anyone have any experience with this?

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