Here are the guidelines from the FHA 4155.1 Mortgage Credit Analysis handbook:
A Chapter 7 bankruptcy (liquidation) does not disqualify a borrower from obtaining an FHA-insured mortgage if at least two years have elapsed since the date of the discharge of the bankruptcy. During this time, the borrower must have re-established good credit, or chosen not to incur new credit obligations.
An elapsed period of less than two years, but not less than 12 months, may be acceptable for an FHA-insured mortgage, if the borrower can show that the bankruptcy was caused by extenuating circumstances beyond his/her control, and has since exhibited a documented ability to manage his/her financial affairs in a responsible manner.
Note: The lender must document that the borrower’s current situation indicates that the events which led to the bankruptcy are not likely to recur.
Since your bankruptcy occurred more than a year and less than two years ago, the lender would have to document “that the bankruptcy was caused by extenuating circumstances beyond his/her control.”
An example of an extenuating circumstance beyond the borrower’s control is a medical issue that caused a bankruptcy and a significant medical debt was discharged. No one reasonably chooses to get sick and incur large medical bills beyond their ability to repay.