Completed Chapter 13 bankruptcy. Can anyone suggest a mortgage company that will help me buy a home?

Asked by Joseph Wasiluk, Virginia Beach, VA Fri Aug 8, 2008

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Charles Farl…, Home Buyer, Chantilly, VA
Fri Aug 22, 2008
So you defaulted on debt to other people, and now you want to buy a house which is only going to go down in value as the prime and alt-a loans all fail? Aren't you blocked from filing bankruptcy for 7 years? Perhaps now is not the time to buy.
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Wendy Dittri…, Agent, Virginia Beach, VA
Fri Aug 8, 2008
I just spoke to one of my favorite lenders in VB, David Martin over at Mortgage Source (490-3912) he says: It depends . . . if your bankruptcy repayment plan was at least 12 months and your trustees will put
something in writing, you may be able to get an FHA mortgage. Conventioanl mortgages still require 2 years out of bankruptcy. I say, give David a call, tell him Wendy "D" sent you and see what he can do for you. Good luck!
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