Home Buying in Joliet>Question Details

Marie, Renter in Joliet, IL

If you were discharge from chapter 7 can you qualify for a homepath loan? We also had a short sale included in the bankruptcy.

Asked by Marie, Joliet, IL Sat Aug 11, 2012

We have since then established credit, and our paying our bills on time. last time checked credit score is almost 680.

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Answers

2
Contact a reputable loan officer for a high quality answer. I recommend Heidi Offerman of PNC Bank. Her number is 847.815.8893

Jerry Hix
Keller Wiliams Infinity
Cell: 630.258.2062
0 votes Thank Flag Link Tue Sep 18, 2012
We totally expect Lenders to be flexible about Foreclosures and Shortsale; they will need some clients in the near future.
But BK's have been with us for many years; they have a history.

I have heard that 3 years is the waiting time for a BK; it might vary from Lender to Lender.
If it has been a while you might try. It would just cost you the Credit Check, (about $50).

Good luck and may God bless
0 votes Thank Flag Link Sun Aug 12, 2012
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