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Are Home equity loans available sooner than 18 months to 2 years following bankruptcy??

by ehendrix433 from , California. Apr 2nd 2014 Reply


Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Not that I am aware of.

Apr 3rd 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

After a major negative credit event like a bankruptcy, you are put into the loan penalty box. How long you stay in the box depends on many variables. But generally speaking, the earliest you come out of the box is two years after the bankruptcy discharge date.

Apr 3rd 2014
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

In most cases the waiting period is two years.

Apr 3rd 2014
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

probably not from any traditional source, and if it were expect the terms to be pretty stiff...

Apr 3rd 2014
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