The problem is that a chapter 7 filing discharges a mortgage, but it doesn't strip. The most common response is to strip the lien in chapter 13.

how many fha loans can you get To get information on buying a home with FHA financing while you already have an FHA loan call us at 1-800-555-2098 or submit a request below.. loans require lower minimum credit scores and down payments than many conventional loans. You can qualify for an FHA loan with a credit score as low as 500 with 10 percent down. To get FHA’s maxim.

My ch. 13 bankruptcy was discharged in March 2010. Prior to my BK, i had a FICO above 800. Since discharge, I have maintained good credit (665 FICO) and no late pays on car, mortgage, or one credit card (that was in husband’s name and not included in my personal BK).

Can I keep my house after filing bankruptcy?. If you filed a Chapter 13, the FHA is considerably more relaxed. If you refinance your house, you WILL be liable because you are,

Under the old bankruptcy law, "over-indebted mortgagors could free up income to pay the mortgage by filing bankruptcy and having their unsecured debts discharged. gave banks power to go after.

cost of mortgage refinancing Smart Refinance is a no-cost mortgage refinance option from U.S. Bank that saves you time and money. Refinance with no closing costs, points or loan fees today. find answers to all your smart refinance questions. learn important details like terms, tax incentives and more.

Refinancing after bankruptcy: chapter 7 vs. Chapter 13 There are two major types of personal bankruptcies: chapter 7 bankruptcy – A Chapter 7 bankruptcy allows you to discharge some of your debts, with the possible exclusion of student loans, child support debt and unpaid taxes.

fha home mortgage rates FHA Loans | Navy Federal Credit Union – The fee must be collected upfront. The Freedom Lock option is not available on VA and fha refinance loans. mortgage loans. A sample principal and interest payment on a thirty (30)-year $250,000 fixed rate loan with a 4.375% interest rate is $1,248.21. Taxes and insurance are not included; therefore, the actual payment obligation will be greater.

Unable to refinance after Chapter 13 bankruptcy dismissal even with extenuating circumstances +1 vote My wife and I want to refinance our mortgage in Houston, Texas. Chapter 13: Two years from the discharge date, Refinance and get your get your mortgage payments reported on your credit. (To improve your credit.)

Get into contract immediately or, if refinancing, apply for a mortgage. from the discharged date with the re-established credit and no other derogatory credit, but a two-year wait is possible only.

can you use a home equity loan to buy a car Taking out a home equity loan for this purpose can save you a substantial. this type of loan could be beneficial when you use it to pay off a high-interest car loan, their homes to increase the resale value and still others to simply purchase.

On a Chapter 13, FHA will allow only a 1yr of waiting period after discharge and a borrower’s payment performance must have been satisfactory with all required payments made on time. a Chapter 7 is a two year wait period. Call a LOCAL lender, not a national company, and they will be able to help you that.

what do you own when you buy a condo What to Know Before Buying a Retirement Condo – Next Avenue brings you stories that are inspiring and change lives. We know that because we hear it from our readers every single day. One reader says,

If you file for Chapter 7, which is a personal liquidation, your debts will largely be discharged. But if you file for Chapter 13, which is a personal reorganization. During this time, your lenders.

If you file for Chapter 7, which is a personal liquidation, your debts will largely be discharged. But if you file for Chapter 13, which is a personal reorganization. During this time, your lenders.