---

FHA

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
gillb786 Joined: 17 Feb 2010 Posts: 6 4.12 Dollars($)	Posted: Mon Feb 22, 2010 10:31 am    Post subject: FHA Like 0 Dislike 0 One quick question for everyone in the forum. Can one get approved for refinance for a FHA loan after bankruptcy? Is there any special rules.....
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Tue Feb 23, 2010 1:56 am    Post subject: Like 0 Dislike 0 It won't be possible for you to refinance your home loan just after a bankruptcy. If you had filed Chapter 13, then you will have to wait for a year to get a FHA refinance and if you filed Chapter 7, then you need to wait for 2 years.
tfaulhaber1 Community Expert Joined: 17 Dec 2009 Posts: 562 75.68 Dollars($)	Posted: Wed Feb 24, 2010 5:42 am    Post subject: Like 0 Dislike 0 Chapter 7, two years after discharge. You would have to reestablish good credit or not incur new credit obligations. Chapter 13, doesn't disqualify you from obtaining a FHA loan as long as 1 year of the payout period under the BK has elapsed and borrowers payment performance has been satisfactory. _________________ Theo (Ted) Faulhaber 516-403-9116 516-634-4417 tfaulhaber (at) vanguardfunding.net

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0