Posted on: 26th May, 2010 09:01 am
can i use a loan with chapter 7
Hi williammcmiller,
If you've filed for Chapter 7 bankruptcy, you won't be able to to get a loan now. After your bankruptcy filing is discharged, you will have to wait for 2 years in order to get a FHA loan. If you want to apply for a conventional loan, then you will have to wait for 4 years.
If you've filed for Chapter 7 bankruptcy, you won't be able to to get a loan now. After your bankruptcy filing is discharged, you will have to wait for 2 years in order to get a FHA loan. If you want to apply for a conventional loan, then you will have to wait for 4 years.