Can I get a cash out loan to finish basement after HAMP?

This depends upon when the bankruptcy was discharged. The typical wait period is 2 years, and the HAMP loan does not prohibit you from refinancing.

Yes it is possible; you will have to meet the lenders guidelines for bankruptcy and cash-out refinance loans. I hope this helps. Jesse Stroup | California Mortgage Professional | www.JesseStroup.com | NMLS# 6229

Sounds like the BK and cash out guidelines will be your key, HAMP loans can be refinanced as long as you can meet the guidelines for your new loan.

Sounds like the FHA product might be your best option, as they only have a 2 year wait period, and they will allow an 85% loan to value on a cash out.

Much more info needed.. Did you do the HAMP refi first, and then file BK.. or was it the opposite? Was there any other real estate loans included in the BK? Was there any principal reduction on your HAMP modification? Typically, if the modification only included lowering the interest or lengthening the term, and there was no principal reduction, then your loan would qualify for refinancing.. however, lending guidelines will vary from one lender to the other.. some might make you wait 4 years before you can do a cash out.. others might do it after 2.. Also, BK guidelines will want you to wait 4 years to do a cash out refi.. rate and term refi's are allowed under "extenuating circumstances" but only if you have an except-able explanation for your BK.. But without knowing more details about your specific scenario, it's impossible to say for sure.. for this reason, I suggest you contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347