The internet sez--
"With an FHA loan, you can buy a home while still under a Chapter 13, as long as you have made all the payments on time in the plan for 1 year and the bankruptcy trustees approve the purchase. With any other conventional loan program, you will have to wait 2 years after discharge to qualify for a mortgage."
The internet also sez you can get an FHA loan (after one year) if--
"You’ve paid 12 months of plan payments.
The court approves your request to purchase a house with an FHA loan.
You can demonstrate that the reason you filed for bankruptcy is unlikely to occur again."
And on the plus side--
"Chapter 13 filers have to pay back their debt, only it's reorganized to come up with a new repayment schedule that makes monthly payments more affordable.
"Since Chapter 13 filers are still paying back their debts, mortgage lenders generally look more favorably on these consumers than those who file for Chapter 7, says David Carey, vice president and residential lending manager at New York's Tompkins Mahopac Bank."
So, go by the book. Time will pass anyways. Rent while it makes sense to rent, and buy when it makes sense to buy. If it doesn't make sense to buy at a particular time because you don't think you'll get the trustee's approval--- well, give it another 12 months and then reanalyze your situation. Don't try to force something prematurely, and don't try to go around the system.
--96.46.xxx.xx