home loan for discharged bankrupt
Posted: Sun Mar 21, 2010 6:53 am
Wondering if anyone can give some information, we are a married couple with two children, husband has been discharged from bankruptcy for 3 years and wife for 4 months, we have recently been given a lump sum of $27k from our parents and are entitled to $7k first home owners plus $4k from our state's government first home owner scheme, so $38k in total. We are wondering if there is any chance of getting a home loan now or are we best to wait longer still? We would be looking at a loan around $300k, husband on $50k a year wife $10000 plus family assistance of $9000 a year.total of about $69-70k a year.