Home Buying in 03743>Question Details

vongnh, Home Buyer in Chehalis, WA

Can I get a Fannie Mae loan despite a bankruptcy discharge of over 2 years which did not include my present residence.?

Asked by vongnh, Chehalis, WA Fri Jan 18, 2013

Help the community by answering this question:


It is unlikeley but there are other types of mortgages. your first step should be to meet with a local and trusted loan officer who can prequailify you looking at your credit and financials and see what you may quailify for.

Scott Godzyk
Trulia's number 1 agent in NH
1 vote Thank Flag Link Sun Jan 20, 2013

Typically Fannie Mae loans require 4 years after discharge. FHA may do as little as 2 years with a valid reason for the BK. In all cases perfect credit is required after the BK discharge.

Scott McCauley
Licensed Mortgage Planner
Regency Mortgage Corp.
NMLS #174108
1 vote Thank Flag Link Fri Jan 18, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer