Posted on: 30th Sep, 2013 11:28 pm
My Chapter 13 bankruptcy filing has been discharged. However, the lender has not yet foreclosed on the property. In such a situation, can I take out a FHA loan?
Hi Guest!
Welcome to the forums!
You will not be able to take out a FHA loan on the property. Immediately after a Chapter 13 bankruptcy discharge, most lenders will not be ready to provide you with a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
You will not be able to take out a FHA loan on the property. Immediately after a Chapter 13 bankruptcy discharge, most lenders will not be ready to provide you with a loan.
Feel free to ask if you've further queries.
Sussane
Yes, it's a fact that it may not be possible to take out an FHA loan immediately after filing Chapter 13 bankruptcy.