It takes between one to two years to qualify for a mortgage after missing payments due to mismanagement. It could take less time to qualify for other situations that effect your ability to pay. It could take two years from the last date of late payments for a lender to approve an applicant from someone that does not have the desire to pay. You might want to enroll in our budgeting course or consult Consumer Credit Counseling. The following links provide some extra help in getting on track to buying a home.
All programs are subject to change without notice.