Brendag, Home Buyer in West Bloomfield, MI

Are there any financial institutes that will finace me if my bankruptcy is only1 year discharged?

Asked by Brendag, West Bloomfield, MI Thu Nov 17, 2011

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Anna & Jim are correct. Some lenders will have more options but it will take time there is a light at the end of the tunnel!
0 votes Thank Flag Link Thu Nov 17, 2011
Generally it can take two to three years from discharge in order to qualify for a loan, and much will depend on the type of bankruptcy, current credit, income, debt, etc.
0 votes Thank Flag Link Thu Nov 17, 2011
Nope, but the passing of time is not the only requirement, check with a local lender, one referred to you by your Realtor. Ask them what they require following a BK.

Info on Lease Option or Rent to Own:
http://www.trulia.com/blog/jimsimms/2011/11/rent_option_or_r…
http://www.trulia.com/blog/jimsimms/2011/11/rent_to_own_continued

Criminal Credit Repair:
http://www.trulia.com/blog/jimsimms/2011/10/credit_repair_ca…

Down Payment Assistance in KY:
http://www.trulia.com/blog/jimsimms/2011/03/down_payment_ass…
0 votes Thank Flag Link Thu Nov 17, 2011
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