Yes, You can buy a home after a Bankruptcy While most people assume that it takes years following the discharge of a bankruptcy to qualify for a new home, they are only partially correct. Most loan programs do require you to wait 3-5 years after a bankruptcy to purchase a new home, there is one program that has maintained its that will allow you purchase a new home one day out of bankruptcy. In fact, it even allows some to purchase a home while still in bankruptcy. The FHA (0 comments)