text: trying to make a decision on my mortgage...help!!? after filing chapter 7 bankruptcy and having foreclosure on my home, is there any lending institution out there that can say without a doubt that i would be able to finance another home in the future?? if so, how long into the future? another option would be to reaffirm your current mortgage assuming you can afford to pay the monthly payments.   if not, then the other answers are good (you can get a loan at a higher interest rate and you will have to put down 10-20% or more).