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You can get a home after a BK. If it was a chapter 13 you can get a mortgage at any time. You can even use a refinance to buy out the BK.

If it was a chapter 7, you normally need to wait 2 full years. Under certain circumstances you can buy a home after one year.

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17y ago

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If you file chapter 13 and have a foreclosure are you still able to obtain financing for a home?

Absolutely, there are many programs available to assist existing home owners as well as home buyers with financing home loans after bankruptcy and foreclosure. To obtain a home loan while currently in a chapter 13 bankruptcy it is very important to establish a good payment history. The company that will approve you for a home loan will need to have your payment history. They will also contact the trustee of your chapter 13 bankruptcy to receive permission or an ok to proceed with your home loan. To obtain a home loan after chapter 13 bankruptcy you will need to provide the following to your loan officer. Original schedules of your bankruptcy Discharge documents of your bankruptcy Proof that you have a satisfied discharge Proof that you have established new credit To obtain a home loan after a foreclosure. Maintained or established new credit Applying for an FHA Home Loan there is a waiting period of three years after the foreclosure proceedings have been completed. For Conventional Home Loans you will need to wait five years. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com 480-621-4270


Where can online home financing be found?

There are different websites where you can get online home financing. One of them is discover, which explain how to get online home financing and what opportunities you have. Another one is lendingtree which consists a network of lenders.


If your home has equity and you file bankruptcy on the credit cards do they go after your home?

Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!


What is mailing address to report bankruptcy to Home Depot?

mailing address to report bankruptcy to Home Depot


You are financing a vehicle but you can no longer afford payments what can you do?

Talk to the lender, or you can file Chapter 13 Bankruptcy to lower the payments where you can afford them.

Related Questions

Where can you find financing to purchase an RV after bankruptcy?

where can you find financing to purchase an Rv after bankruptcy?


If you file chapter 13 and have a foreclosure are you still able to obtain financing for a home?

Absolutely, there are many programs available to assist existing home owners as well as home buyers with financing home loans after bankruptcy and foreclosure. To obtain a home loan while currently in a chapter 13 bankruptcy it is very important to establish a good payment history. The company that will approve you for a home loan will need to have your payment history. They will also contact the trustee of your chapter 13 bankruptcy to receive permission or an ok to proceed with your home loan. To obtain a home loan after chapter 13 bankruptcy you will need to provide the following to your loan officer. Original schedules of your bankruptcy Discharge documents of your bankruptcy Proof that you have a satisfied discharge Proof that you have established new credit To obtain a home loan after a foreclosure. Maintained or established new credit Applying for an FHA Home Loan there is a waiting period of three years after the foreclosure proceedings have been completed. For Conventional Home Loans you will need to wait five years. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com 480-621-4270


Can you buy a new after filing bankruptcy?

yes, the financing will likely cost more however (i.e., interest)


How can people obtain mortgages after going into bankruptcy?

In order to obtain a mortgage after bankruptcy, wait at least 2 years from time of the bankruptcy discharge. During these 2 years, re-establish credit by paying all bills on time. With a clean credit history and a steady job, banks should easily grant financing, even 100% financing.


Where can online home financing be found?

There are different websites where you can get online home financing. One of them is discover, which explain how to get online home financing and what opportunities you have. Another one is lendingtree which consists a network of lenders.


What are the Florida limits on home exemption in bankruptcy?

I believe you home is safe as long as it is your homestead in a bankruptcy. You should consult a bankruptcy attorney to be safe.


If you purchase a new home prior to bankruptcy is your new home part of the bankruptcy?

Yes, of course.


Can you include your home in a bankruptcy after the bankruptcy has already been discharged?

No.


Can you give me the name of the form I need in order for me to be allowed to purchase a new car after I have filed for bankruptcy?

If you have filed bankruptcy, you are not going to be financing any new cars any time soon.


If your home has equity and you file bankruptcy on the credit cards do they go after your home?

Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!


What is mailing address to report bankruptcy to Home Depot?

mailing address to report bankruptcy to Home Depot


You are financing a vehicle but you can no longer afford payments what can you do?

Talk to the lender, or you can file Chapter 13 Bankruptcy to lower the payments where you can afford them.