Posted on: 24th Aug, 2009 01:27 pm
i am disabled with my only income being SS disability which has forced me into a chapter 7. is there any hope for me getting a mobile home loan with a...My income at present is $1070/month. No debt.
hi janetboil!
welcome to forums!
you haven't mentioned when you got discharged from your chapter 7 bankruptcy. in order to qualify for a fha loan after chapter 7 bankruptcy, you'll have to wait for 2 years and if you want a conventional loan, you will have to wait for 4 years.
if 2 years have already passed since your chapter 7 bankruptcy was discharged, you can apply for a fha loan.
feel free to ask if you've further queries.
sussane
welcome to forums!
you haven't mentioned when you got discharged from your chapter 7 bankruptcy. in order to qualify for a fha loan after chapter 7 bankruptcy, you'll have to wait for 2 years and if you want a conventional loan, you will have to wait for 4 years.
if 2 years have already passed since your chapter 7 bankruptcy was discharged, you can apply for a fha loan.
feel free to ask if you've further queries.
sussane