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 dilipgagare
Joined: 26 Mar 2009
Posts: 59
0.19 Dollars($)
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 Posted: Sat May 09, 2009 7:34 am Post subject: After Bankruptcy Applying for Loan |
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Last 2 years i had declaired Bankruptcy now I need to loan.
So i am eligible to apply for loan ?
if yes then please let me know what is procedure & which bank will give me loan with low interest ?
Thanks in advance....!! |
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Realgeni
Joined: 13 Apr 2009
Posts: 1434
99.77 Dollars($)
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| Posted: Sat May 09, 2009 2:41 pm Post subject: |
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| You can apply for a FHA loan, 2 years after Bankruptcy. |
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smithsussane
Joined: 18 Sep 2008
Posts: 3738
Location: Alaska
561.45 Dollars($)
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| Posted: Sun May 10, 2009 10:09 pm Post subject: |
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Hi dilipgagare!
Welcome to forums!
Getting a loan will depend upon the type of bankruptcy you filed. Which chapter of bankruptcy did you file - Chapter 7 or 13?
Sussane |
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haridas_badhe
Joined: 11 May 2009
Posts: 59
0.04 Dollars($)
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| Posted: Thu May 21, 2009 7:30 am Post subject: |
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If you have a recent bankruptcy on your credit and are looking to get financing for a home,
other two factors needed to get a mortgage loan, which are; income verification and a down payment. After bankruptcy most lenders want you to wait at least 2 years from the time of the bankruptcy discharge before they will consider you for a mortgage loan.
There are too many factors need to see.
Thanks
Hari |
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