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Is it possible to obtain refinancing after chapter 13 bankruptcy if you are still making payments thru bankruptcy?

by kicook2470 from Moultrie, Georgia. Dec 18th 2016 Reply


Thus is from fha. I can certainly look at it tomorrow. You can reach me at 678.571.7434. TomChapter 13BankruptcyA Chapter 13 bankruptcy does not disqualify a borrower from obtaining anFHA-insured mortgage, provided that the lender documents that? one year of the pay-out period under the bankruptcy has elapsed? the borrower's payment performance has been satisfactory and all requiredpayments have been made on time, and? the borrower has received written permission from bankruptcy court to enterinto the mortgage transaction.

Dec 18th 2016
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,852 contributions

Yes... FHA allows you to POTENTIALLY enter into a new mortgage loan while in a Chapter 13 under the following guidelines. 1) Your bankruptcy trustee says it is OK 2) You've made at least 12 payments on the bankruptcy, and all have been made on time. 3) You meet all other standard loan requirements.

Dec 19th 2016
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