Posted on: 03rd Feb, 2008 01:58 pm
How long after a person files chap. 7 can they obtain a mortgage loan?
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.
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#36184 .
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#36184 .
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
edited to remove link
Conforming loans are 2 years from filing and FHA is 2 years from discharge.
