Posted on: 31st Mar, 2009 08:25 am
i have been in bankruptcy for one year chapter 13. i have a good job but because some circumstances i had to go bankrupt. i pay my mortgage $1479 a month never been late on my mortgage nor my bankruptcy payment of $320. i would like to know if there any way i can refinance to lower my mortgage payment and take advantage of the lower interest. my mortgage loan is fha 30 years
Hi ulsongarcia,
I guess your bankruptcy has been discharged one year ago. In that case, you can definitely refinance your FHA loan and take advantage of the lower rates. You need to contact your lender and check out what type of rates you can receive.
Thanks.
I guess your bankruptcy has been discharged one year ago. In that case, you can definitely refinance your FHA loan and take advantage of the lower rates. You need to contact your lender and check out what type of rates you can receive.
Thanks.
I still have almost four years of bankruptcy payments. I start my bankruptcy in march 31st 2008.
hi
refinancing while in chapter 13 bankruptcy is possible. you can refinance your current loan to avail the lower interest rates. however, much depends on your lender, your ltv ratio etc. i think you should get in touch with your lender and a mortgage professional in this regard. you can also seek a no-obligation free consultation with the lenders in this community. they might be able to help you.
refinancing while in chapter 13 bankruptcy is possible. you can refinance your current loan to avail the lower interest rates. however, much depends on your lender, your ltv ratio etc. i think you should get in touch with your lender and a mortgage professional in this regard. you can also seek a no-obligation free consultation with the lenders in this community. they might be able to help you.
Both me and my husband filed a chapter 7 we are wanting to purchase a manufactured home after our case is discharged which will be at the end of this month and we want to put a good down payment will we be able to by this home.
Hi
Generally, after a bankruptcy discharge one has to wait for about 2 years to qualify for an FHA loan and 3-4 years for a conventional loan. Thus, getting a loan right after the discharge would not be easy, especially in the present market scenario.
Generally, after a bankruptcy discharge one has to wait for about 2 years to qualify for an FHA loan and 3-4 years for a conventional loan. Thus, getting a loan right after the discharge would not be easy, especially in the present market scenario.