need home equity loan but i have a bankruptcy chapter 7 two years ago. Great job, great credit for post bankruptcy; can I get one.

How much equity do you have?

Yes you definitely can get a loan based on that information.

Absolutely. Not to take away from other comments or answers, but I am old school, so find a reputable mortgage professional in your local area to work on the refinance with you. Ask friends and colleagues who may have refinanced in the last year or so for a personal recommendation. Once you have a couple recommendations, meet with them to discuss available options. Remember, they make their money be providing great client service, not just a loan.

More info needed, Specifically, what's the property value, the current balance, and how much equity are you trying to pull out.. but in general.. if you have a 2 year old BK7, you have daunting task ahead of you.. There's only 1 conforming loan product which allows you to do a first position, cash out mortgage.. it's VA, but you must have VA benefits available to you to qualify. All other cash out refi's require a minimum of 3 or more years post BK, but a 2nd position loan is even more risky for lenders.. so expect even more scrutiny regarding your derogatory credit past. Certainly, no big financial institution will give you a HELOC 2 years post BK.. the only lender that I've ever seen do this is a small community bank or local credit union which you have a longstanding relationship with.. Then there's the Hard Money route. Typically, they will not lend higher than 70% loan to value.. so depending on how much equity you have will determine what the lender will allow, but this will be a very costly option.. expect high interest rates and high fees.. I'm not sure what these other loan's officers have been smoking, but a 2nd position loan with a 2 year old BK7.. Hummm.. Don't believe it.. you would be setting yourself up for disappointment.. 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