A borrower is 24 months out of a Chapter 7 discharge with a 660 FICO — what max LTV can they get on a primary purchase?

Without specific investor guideline excerpts on Chapter 7 seasoning tables in front of me, I can't cite an exact max LTV figure for this scenario — and that's the honest answer here: the number isn't a single industry standard, it varies significantly by investor. What I can tell you generally about how Non-QM lenders approach this: most programs use tiered seasoning periods (commonly measured at 12, 24, 36, and 48+ months from discharge), and LTV caps typically increase as seasoning increases. A borrower at 24 months out with a 660 FICO will usually land in a "moderate seasoning" tier — better than someone at 12-18 months, but not yet qualifying for the most aggressive LTV allowed for borrowers 48+ months out. Some investors also require the Chapter 7 to be paired with re-established credit (a minimum number of tradelines reporting post-discharge) before extending higher LTV, and cash-out transactions almost always get a lower max LTV than a rate-and-term or purchase. Because Non-QM overlays shift frequently and differ by investor, the only reliable way to get your actual max LTV is to check the specific investor's seasoning/LTV matrix for Chapter 7 bankruptcy, cross-referenced against the 660 FICO band and purchase transaction type. Your account executive or AE portal will have the current matrix.