If you have had credit problems in the past, the FHA will work with you to rebuild your credit rating. They are much more flexible than other lenders and will give you the chance to rebuild your credit if you meet the following criteria:

• At least two years have gone by since your bankruptcy was discharged. This gives them a little bit of a timeframe to view in order to see if you have improved your spending habits. 
• If any judgements that were held against you have been paid in full.
• If you have had tax problems, you must have settled any outstanding liens and made re-payment arrangements regarding the remainder of the money that you owe.
• At least three-years have elapsed since any foreclosure you many have had on a home or if the deed-in-lieu has already been settled.

Just because you have had problems in the past does not mean that you will never be able to buy a home. The FHA will help you if you have at least made progress towards re-establishing your credit, so do not rule out this option.