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We just went through chapter 7 bankruptcy and kept our home. We asked our current lender for a loan modification. It has now been 3 months since dismissal

Are there other lenders that would refinance our home. Our current lender had it reappraised and they claim it is worth $75,000 more than the fair market value. So we are afraid they will decline our request for a loan modification because they can foreclose and resell it and get more money.

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  Answers  |  1

June 04, 2015

with a chapter 7 - most lenders will require you to wait for 4 years since the discharge date for new conventional financing ...FHA financing available after 2 years since discharge date

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