Comeback · Texas
Credit Rebuild — Bankruptcy or Foreclosure in Texas
Past bankruptcy or foreclosure shouldn't keep you out of a Texas home. We have second-chance programs that close in months, not years.
Common challenges we solve
- Waiting periods that feel endless
- Lower credit scores post-discharge
- Want to start building equity again
What you get with Lumos
Non-QM programs as soon as 1 day post-event (subject to program guidelines and lender approval)
FHA in 2 years from BK discharge (subject to program guidelines and lender approval)
Credit-coaching and rapid-rescore on file
What's different in Texas
Most Texas foreclosures are non-judicial, so the completion date is the trustee's sale date recorded with the county — that is the date lenders use for waiting periods. Texas homestead protections can shield a primary residence in bankruptcy; ask your attorney how they applied to your case.
Loan programs that typically fit
Frequently asked
- How soon after a foreclosure can I buy?
- 1 day on certain non-QM programs; 3 years on FHA — subject to program guidelines and lender approval.
- Will my rate be much higher?
- Initially yes — we plan a refinance once your scores recover.
