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 Bhutton
Joined: 14 Feb 2006
Posts: 0
0.27 Dollars($)
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 Posted: Tue Feb 14, 2006 1:16 pm Post subject: Refinance mortgage after discharge from bankruptcy |
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| who can i get to refinance my mortgage 10 month discharged from bankruptcy |
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Samantha
Community Mentor
Joined: 16 Sep 2005
Posts: 1606
Location: MASSACHUSETTS
150.38 Dollars($)
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| Posted: Tue Feb 14, 2006 1:40 pm Post subject: |
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Hi Bhutton,
Welcome to MortgageFit Forums.
You can refinance your mortgage after a bankruptcy. Some disadvantages may be there as a bankruptcy damages your score severely.
But, you shouldn't have a big problem if you have already maintained a good payment history and established a good credit history.
You may shop around for the rates with different lenders and also the fees charged by them. If you wish we may do necessary search for you and help you to get the most appropriate lender.
That requires some more financial details of yours to proceed further like the score that you have, the debts and your income.
For further reference on refinance after bankruptcy, you can check here.
Feel free to ask if you have more queries.
God bless you.
For MortgageFit,
Samantha
_________________
Know how to compare lenders with mortgage booklet
Last edited by Samantha on Tue Feb 14, 2006 2:27 pm |
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douglas
Guest
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| Posted: Tue Feb 14, 2006 2:20 pm Post subject: |
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I would like to know what kind of bankruptcy you had. Was it a chapter 7 or a chapter 13? In case of a chapter 7 discharge, you can go for a refinance a day after the discharge.
For a chapter 13 refinance may be able to refinance as little as 12 months from filing. There are lenders available who will be ready to refinance your mortgage. For the best rates shopping around and comparing the terms are required.
Douglas |
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jameshogg
Joined: 20 Dec 2005
Posts: 5203
Location: nevada
651.69 Dollars($)
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| Posted: Tue Feb 14, 2006 2:32 pm Post subject: |
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Refinancing a second mortgage as well as the first mortgage is possible with 10 months already passed after a bankruptcy discharge but you may have to obtain the quotes of different lenders and then decide.
James |
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