Hello, and thank you for writing. The only mainstream programs that allow you to finance a home one year out of bankruptcy are government-backed loans like FHA and VA. And they only allow it if there were mitigating (also called extenuating) circumstances surrounding your bankruptcy. That means only if your bankruptcy was caused by factors over which you had no control.
This article about mitigating / extenuating circumstances might help you determine if that applies to you.
https://themortgagereports.com/24023/mortgage-after-bankrupcty
Note that FHA and VA lenders will not consider divorce as a mitigating circumstance. Also, you'll have to show that your problems are over and you'll be able to make your loan payments with no problem. In addition, government loans only apply to first homes, not second homes. You will apply for a mortgage on your primary residence, since you'll be living there full-time. The home you currently live in will be designated as your second home, a rental (if you plan to rent it out), or primary home for sale (if you plan to sell it).
Now, if you don't have mitigating or extenuating circumstances, or don't comply with other guidelines for government-backed mortgages, a private portfolio lender may be able to help you. There are program available to buy a home a year out of bankruptcy if your down payment is sufficient and you're willing to pay higher fees and a higher interest rate.
Please feel free to follow up if you have additional questions. Thank you.
