how long after a person files chap 7 in WI can they obtain a

caring2314 · Joined: 03 Feb 2008 Posts: 1 1.29 Dollars($)

How long after a person files chap. 7 can they obtain a mortgage loan?

Guest 0.10 Dollars($)

For chapter 7, its best to wait till 2 years after your discharge and then go for a mortgage. It will help you get reasonable offers.

adonis · Posted: Mon Feb 04, 2008 2:04 am Post subject:

Welcome caring,

You may be able to qualify for a loan after chapter 7. Just have a look at http://www.mortgagefit.com/discuss/afterbankruptcy-refinance.html#3618 4 .

jeffselan · Posted: Mon Feb 04, 2008 5:23 am Post subject: Caring

You can be approved after a year under extreme circumstances. You have to be able to show the situation was beyond your control and not likely to happen again. Such cases are taken on an exception basis.

edited to remove link

ckalvesmaki · Posted: Mon Feb 04, 2008 6:23 am Post subject:

Conforming loans are 2 years from filing and FHA is 2 years from discharge.

All times are GMT - 7 Hours

Page 1 of 1