I am looking to refinace my home that is fully paid for to pay off student loans and car loan and fix up my home

currently, the conforming guidelines has minimum waiting periods for mortgage financing after a BK. FHA will require at least 2 years pass before you can apply. the clock starts ticking from the date of discharge. There are hard money lenders out there, but the terms will be very difficult.. high interest rate, and lots of fees.. you might want to sit it out until the 2 years has passed prior to applying.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

There are a lot of questions in answering your question. How much do you need? What is the rate on your student loans? Are some of them subsidized at real low rates? Basically, FHA and conventional loans are going to require you to have two years under your belt after the discharge of a chapter 7 Bankruptcy (BK). FHA also allows a loan after a minimum of 12 months of payments in the payment plan if it was a Chapter 13 BK. I would probably discourage you from looking at a hard money or private loan as the higher rate probably won't make sense. My advice would be local Mortgage Banker/Broker rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. But more importantly, we are trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ You can also find a Certified Originator Licensed in your state at the National Association of Mortgage Professionals at www.NAMB.org. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

If it was a Chapter 13 and you have 12 months good payment history then you should be okay. If a chapter 7 then you need to wait at least 2 years.

I have a portfolio lender that is a case by case review, however they have a minimum loan size. Email me direct with loan amount desired and I can let you know if that is an option.jbodway@acceptancecapital.com

If there is an owner who lives in the property, age 62 or older, no waiting is required; if not, 12-24 months since discharge date.

currently, the conforming guidelines has minimum waiting periods for mortgage financing after a BK. FHA will require at least 2 years

With a bankruptcy discharge just one year ago, you are automatically denied until that is two years past discharge for all standard loan types. If the loan amount is really small in comparison to the value of the home, you may have a super small chance with a small community bank or small credit union.