The normal bankruptcy waiting period is twenty four months. When a mortgage is included in that bankruptcy it is looked at likea foreclosure and a thirty six month waiting period is applied. After thirty six months from the date of the bankruptcy there areoptions that will become available for someone in this kind of situation. There are other conditions that can affect these terms. Forexample, if you are a veteran and are VA eligible VA loans are available after a shorter amount of time. They do not have theextra waiting period. Once the twelve month mark is met you can start to explore VA loan options. A lender such as RP Funding willtake a look at the circumstances surrounding the bankruptcy and try to help. The VA program gives the lenders more flexibility for veterans.One of the many great benefits of serving our country.