Posted on: 01st Oct, 2009 07:02 pm
JAN2010 WILL COMPLETE 1 YR OF BANKRUPTCY CHAPTER 7 DISCHARGE, CAN MY HUSBAND AND I GET A LOAN SINCE THE CHAPTER N7 WAS DUE TO ILLNESS ON BOTH AND WE HAVE SINCE BEEN APPROVED SOC.SEC. DUE TO THESE FACTS?
Hi aureamendez!
Welcome to forums!
You won't be able to get a loan after 1 year of your Chapter 7 discharge. You will have to wait for 2 years to get a FHA loan and 4 years to get a conventional loan. Before that, lenders will not be ready to give you a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You won't be able to get a loan after 1 year of your Chapter 7 discharge. You will have to wait for 2 years to get a FHA loan and 4 years to get a conventional loan. Before that, lenders will not be ready to give you a loan.
Feel free to ask if you've further queries.
Sussane