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Can you get financed to buy a home after going through a chapter 13 bankruptcy and will it be difficult to do?

Lizzy
Home Buyer
Walker, LA

Tue Jun 9 2009, 20:09 - Financing in Walker - 3 answers

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Answers (3)

First to answer: Ron Aguilar

Michael Andries
Agent
Baton Rouge, LA

No it is not difficult. I have helped buyers after foreclosure, bankruptch and divorce

Please give me a call 225-247-3360

Web Reference: http://www.buythishousebr.com/

Sat Aug 29 2009, 13:35

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Jason Diperstein
Mortgage Broker
or Lender
Haddonfield, NJ

Hello Lizzy,

In addition to the correct information below, you can also get a conventional loan as long as the Desktop Underwriter approves it, which is on a case-by-case basis. It is best to have a clear 12-month history if you pursue that route. If less than a year out of the chapter 13, FHA may be best.

Good luck!

Kind regards,

Jason Diperstein
E Mortgage Management
800.793.9633 ext. 156
jdiperstein@emmloans.com
http://emortgagemanagement.com/?page_id=72

Web Reference: http://emortgagemanagement.com/?page_id=72

Wed Jun 10 2009, 07:08

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Ron Aguilar
Mortgage Broker
or Lender
Salt Lake City, UT

FIRST ANSWER

FHA financing allows you to purchase a home one day after a chapter 13. You minimum credit score must be 620. You need to watch your credit report to reveal any discrepancies.

Tue Jun 9 2009, 20:22

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