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Can ya'll help me refinance my home if I am in chapter 13 bankruptsy

by george holland from Conroe, Texas. Dec 13th 2012 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

WAYYYY too much info missing.. is your current loan VA, FHA, Conventional?? What is your credit score? What is your job situation? What type of income, commissions?, Salary?, Self employed? etc.. In general, if you get approval from the trustee, you can refinance, but you still have to qualify for the loan.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower 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. 480-287-5714 WilliamAcres.com

Dec 13th 2012
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

If it has not been discharged you will need to wait at least 2 years from the discharge date.

Dec 13th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

Too much missing info. see William's answer

Dec 13th 2012
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

Good info above from William. Bottom line: yes it is possible (most likely using a FHA loan) depending on your circumstances and qualifications - and only with permission from the BK court. Generally you must have made ontime payments and have demonstarated good other payment history while in the CH13.

Dec 13th 2012
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