reverse mtg after bankruptcy

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carol52

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PostPosted: Sun Nov 01, 2009 6:09 am    Post subject: reverse mtg after bankruptcy

when can I apply for a reverse mtg after filing for bankruptcy?
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Icon Mini Profile gunzijjistaff
gunz.ijjistaff



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PostPosted: Sun Nov 01, 2009 9:32 am    Post subject:

As far as i know, You can't apply for another loan after bankruptcy for next two years.

Thanks.
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

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PostPosted: Sun Nov 01, 2009 10:43 pm    Post subject:

Hi carol,

I agree with Gunz. If you want to take a reverse mortgage after bankruptcy, you'll have to wait for 2 years after it's discharged.

Thanks
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