Posted on: 04th Feb, 2013 12:43 pm
12yrs ago when I was looking to move out of my parents house, I found my dream house;however, my dad wanted to sell his house and move in with me so our realitor said it was a much simpler process to buy and sell which meant putting the knew house in my fathers name, with intentions of changing later but still hasnt happened. Anyway, now I was thinking of doing this but a year ago I filed bankruptsy so would I most likely be able to refinanced by putting whats originally my house finally in my name..The deed is in my name as well as my fathers but the initial mortgage payments are in his name but I send check payments out in both our names?
Hi dandro!
Welcome to forums!
It will be difficult for you to get a mortgage just after a year of your bankruptcy discharge. After a bankruptcy discharge, you need to wait for 2-3 years in order to qualify for any kind of loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
It will be difficult for you to get a mortgage just after a year of your bankruptcy discharge. After a bankruptcy discharge, you need to wait for 2-3 years in order to qualify for any kind of loan.
Feel free to ask if you've further queries.
Sussane
Once the waiting period after bankruptcy discharge is over, you have the option of qualifying for refinance.