If you were once bankrupt, it may be hard to apply for a mortgage loan.  Here are a few tips to bear in mind if you want to get a mortgage loan even if you were once bankrupt.

* Forget you past habits in paying your loans.  Strive hard to pay all your bills on time to show that you have a good credit score.  Bankruptcy may take a person one to three years before being granted another loan so during that time, make sure you pay all your bills on time.
* Show proof of your regular income.  Aside from your credit score, lenders will look at documents to prove your source of income.  You’ll need to show pay stubs, pay slips, savings account and tax returns.  Ask the lender of all the pertinent documents you need to show.
* Start saving money.  This will serve as your 20% down payment on a home’s purchase price.  You can also save more so you can afford to pay at least an amount higher than the 20%.
* Consider buying foreclosed homes.  You can get a good deal with foreclosed homes if you thoroughly inspect and scrutinize homes before purchasing one.  Foreclosed homes may be cheaper too so you can definitely save on your investment.