Trenton, South Carolina. Trenton is a town in Edgefield County, South Carolina, United States. The population was 196 at the 2010 census, down from 226 in 2000. It is part of the Augusta, Georgia metropolitan area.
Wait at Least Two Years. Hereâs where you will need patience: You should wait at least 24 months after your bankruptcy is discharged to apply for a mortgage. You may be able to get a mortgage sooner but the terms, like interest rates, wonât be as attractive as they would be if you waited two years.
Lenders may have their own in-house requirements on top of that. With a Chapter 7 bankruptcy, the seasoning clock begins when the action is discharged. From that point, youâre typically looking at a four-year wait for conventional loans and a two-year wait for either FHA or VA financing. (The FHAâs short-term âBack to Workâ program offers qualified borrowers the possibility of even swifter movement after both bankruptcy and foreclosure.) Chapter 13 bankruptcies can be a little different.