Posted on: 12th Dec, 2012 11:00 pm
2 years ago I received a Ch. 7 discharge. We had an FHA mortgage at the time and continued paying on it. About 6 months later we sold the house through a realtor, and the title was transferred to the new owners via the normal closing process. The balance amount on the mortgage was paid off at closing so there was no foreclosure, short sale, etc. We are now interested in buying another home, with either our VA benefit or through FHA. Would I be able to get approved after 2 years in this situation?
Hi Grumpy!
Welcome to forums!
As 2 years are over since you received a Chapter 7 discharge, you will be able to get qualified for FHA or VA provided you meet all the required criteria of the lender.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As 2 years are over since you received a Chapter 7 discharge, you will be able to get qualified for FHA or VA provided you meet all the required criteria of the lender.
Feel free to ask if you've further queries.
Sussane
Now you can shop around in the local market for suitable offers.