Borrowing

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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 roger taylor
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Roger: It should be possible and you can even refinance it with a new home equity loan. My advice would be to find a competent loan officer that you feel comfort...
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Asked by Larry Black
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
While this question isn't new, I wanted to point out that FHA just lowered the annual mortgage insurance premiums for new FHA borrowers (effective 1/26/2015). Anyone w...
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Asked by an anonymous user
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Generally speaking, 4 years. If there were extenuating circumstances, then possibly only 2 years.
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