Posted on: 05th Dec, 2010 10:54 pm
Are certain loans better/more forgiving of people who have filed ch 7 bankruptcy
What is the absolute soonest we will be able to buy an $85,000 condo with 5.9% down ?
What interest rates are given the soonest after bankruptcy ?
What is the absolute soonest we will be able to buy an $85,000 condo with 5.9% down ?
What interest rates are given the soonest after bankruptcy ?
In theory that is correct although conventional will be 7 years soon. FHA may allow after 2 years but there would need to be extenuating circumstances and re-established credit. Lenders do not always follow HUD's guidelines.