Bankruptcy itself will not stop you from qualifying for a VA loan. However, there are some guidelines that your bankruptcy must meet one of the following requirements:

  * Your bankruptcy must have been discharged more than 2 years ago; or

  * Your bankruptcy must have been caused by circumstances beyond your control, must have been discharged between 1 and 2 years ago and you (and your spouse, if applicable) must have re-established satisfactory credit since then.