Bankruptcy

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Asked by an anonymous user
Answered by Adam Witzburg, Mortgage Broker in Denver, CO
If you filed a Chapter 7 Bankruptcy, typically you will have to wait 2 years after the discharge date to be eligible for a new mortgage through FHA financing. There ar...
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Asked by Charles
Answered by Heath Schneider, Mortgage BrokerPRO+ in Las Vegas, NV
You can buy 1 day after a Short sale, Foreclosure, or Bankruptcy. You would need 20% down. Rates vary based on your credit after you come out of any of these events.
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Asked by an anonymous user
Answered by Carlos Contreras, ChFC® in Aventura, FL
The first thing you need to know is if Massachusetts is a jurisdiction state. If so, I would contact a certified foreclosure attorney there. In Florida, we have 12 mo...
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Asked by an anonymous user
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
The waiting period for Chapter 7 bankruptcy is 4 years or 2 years with "extenuating circumstances". It is helpful and commendable that they have continued paying on t...
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Asked by Tony
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Tony: First, congratulations. Second, this is a great question and one that I would also advise having your CPA (or tax preparer) and a financial adviser answer as ...
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Asked by an anonymous user
Answered by Ted Erickson, Mortgage Broker in Novato, CA
There are subprime loans available for you but at very high rates and high fees. I would work on improving your score because you wil need to wait 4-5 years from your ...
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