Posted on: 02nd Feb, 2010 10:15 am
I am looking for a lender that will finance a purchase with a personal chpt 7 completed <1 year prior. fico is 652 , 20-30% down
If your chapter 7 bankruptcy was discharged just a year back, then it won't be possible for you to get a mortgage. You will have to wait for 2 years in order to get a FHA loan and 4 years to get a conventional loan.
>> am looking for a lender
There aren't any programs available. You can get an FHA or VA loan 2 years after the discharge date, if you haven't had any lates on anything during that period of time. But that's as good as it gets in todays tough mortgage environment.
There aren't any programs available. You can get an FHA or VA loan 2 years after the discharge date, if you haven't had any lates on anything during that period of time. But that's as good as it gets in todays tough mortgage environment.
