Re-fi after chapter 7?

Good Morning! Additional details are needed to determine eligibility, which include an explanation of your bankruptcy filing (what caused the need to file?), are you in a position now to no longer face those same challenges again, and of course, you would need to qualify and receive a full automated approval. Lenders have overlays as well, so a minimum credit score you should be looking to have is a 640 and to also add additional compensating factors, you should have excellent savings, a low debt to income ratio, etc. I can speak to you offline in more detail if you'd like. A full application is the only way to actually determine if you are eligible or not. There are no application fees with my company, so if you are interested in speaking further, please let me know. Good Luck!

There's just so much info missing, it's hard for anyone here to properly answer without looking at your complete profile.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide 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

I can help you if you have made your payments on time for 12 months. Larry@LechelMortgage.com. 260-348-7519.

I can help you if you have paid your bills including the mortgage on time for the past 12 months. Larry@LechelMortgage.com. 260-348-7519.

I've you've been current on the mortgage as long as you say, that then will not prevent you from refinancing in and of itself.

More information would be needed with explanations but you should still have a chance at refinancing as long as you can meet all other guidelines. So in short if it were only the mortgage lates since the BK that in itself shouldn't DQ you automatically.

If you have been current for the last 12 months and your discharge date was more that 24 months ago, you should be fine.

Good Morning,I will also need more details but it sounds like something we could possible get done if everything above is accurate. Since the mortgage hasn't obviously reported since you filled the BK we would need to get a 12 month VOM (verification of mortgage) to prove payments have been made on time the last 12 months. If the credit scores are high enough we will be good. Please contact me to get this started 517-489-2440 www.gustheloanguy.com

While what everyone else is saying about the 12 months of on-time payments, an automated approval, and qualifying scores is true, I would caution you to verify that you still have a mortgage on the house. Several times in the past year, I have seen a client that filed a Ch. 7 bankruptcy and did not reaffirm the home's mortgage. The house was given back to the bank in the bankruptcy and the clients have continued to make the payments not realizing that it was considered "rent". The bank "allowed" the clients to continue to live there instead of kicking them out and having the home sit vacant, but never notified them. While I'm not saying that this did happen to you, it is worth verifying, as the previous clients I referred to had a very difficult time purchasing a new home since the previous (that they no longer owned) was still listed in their name at the recorder's office. If you need some additional help, feel free to reach out. I have an office in Merrillville.

You should be ok if you can prove the last 12 months you made on time.

You might want to check with your current lender that has your mortgage now and see if possible to refinance with them to a lower rate.