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Refinancing

Posted on: 01st Dec, 2008 06:02 am
two years ago my mother financed a home for my husband and i as we were both in a chapter 13. due to her limited income, she did a non documented loan which resulted in two mortgages. we have been discharged from the chapter 13 and my mother has quit claimed the property to us. how soon will we be able to refinance the home. she resides in ohio and we in florida.
Hi shaunj

As far as I know, you will have to wait for 2 years after the discharge of bankruptcy to get a refinance. So if you have completed 2 years since the discharge of bankruptcy, you can start speaking to the lenders.
Posted on: 02nd Dec, 2008 12:19 am
Hi shaunj,

One of the our community member has also answered your query in the given link:
http://www.mortgagefit.com/refinance/home-afterbankruptcy.html

Please take a look. I think it will help you.

Thanks,

Jerry
Posted on: 02nd Dec, 2008 01:19 am
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