Mortgage after Chapter 13 Discharge

You can apply now... so long as there has not been any late payments in the last 12... 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

If the bankruptcy was a chapter 13, and you paid your payments to the trustee in accordance with the plan, and your other payments were also on time you can apply now. You will still need a qualifying credit score. Work with a local Mortgage Banker/Broker, rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. But more importantly, we are trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

You can apply now. Speak to a mortgage broker that covers Maryland not a bank. Good luck!

was there a house included in this chapter 13? I need more info on your bankruptcy.. I can look it up for you, but will need your permssion and name... also, i do have sources for private money, not the ugly hard money loan guys linda email me at yourloanpartnerforlife@live.com

Greetings! You can buy now, you just need to make sure you have not had ANY lates on any accounts since being in the chapter 13. I can do loans in Maryland, and I would NOT go to a mortgage broker because they are under more scrutiny than banks now. If you need more info, you can contact me at mac.church@lionbank.comHave a Happy Thanksgiving!

to get a better rate, we should look at your credit report to raise your scores up a bit... did you get your scores from a free on line report? i lot of those are not accurate.. the bk trustee is to report to the credit burueau, but most of the time they do not after a discharge, and i also work with a national credit restoration, that is far less expensive than most i have a refferal set up, so borrowers can get better pricing and service.

It depends partly on how long ago you filed the bankruptcy and how your credit looks, and assuming no mortgage was included in the BK, but if those look good you should be able to move forward. It will likley need to be a FHA loan (unless you are eligible for VA). FHA loan would not require you to use the full $30,000 for the downpayment but you certainly can if you prefer. It's a great time to buy! I am a locally based mortgage officer (click on my name for more info), licensed nationally and by the state, as well as trained, licensed and supported through PrimeLending to handle mortgages in most states. My customers are mainly in SC but I frequently work with customers throughout the US and would welcome the opportunity to earn your business when you are ready to move forward. Or, I can help you find a more local loan officer at one of our other offices. Email: pdumouchel@primelending.com Or direct: 843.619.6025

You can apply now!