Is it possible to refinance after a bankruptcy?

Hello we live in Mahwah as well! It depends on wether it was a chapter 7 or chapter 13 bankruptcy. If it was a chapter 7 you have to wait 2 years from the discarge date. If it was a 13 we can possibly do it now. My question would be , do you need to be added for qualification purposes? Why not do it just in your wife's name? We can discuss all your options.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation.Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com

Without knowing if the bankruptcy was a chapter 7 or 13 I would recommend a HARP refi (if loan is fannie or freddie) or a streamline (if FHA). A bankruptcy as recent as yours would prevent you from being added to the loan. You can always be added to title however, so you will have a legal ownership interest in the property.

If your wife can qualify at the lower rate, based on her income only, by all means have her apply in her name only. You can be added to title later, after the refi.

If you must be on the loan then you will have to wait 2 years from the discharge date.

hello, there is a possible alternative way if you need your income to qualify email me at yourloanpartnerforlife@live.com .. linda

Generally speaking, a bankruptcy puts you in the mortgage loan penalty box for two-years, so you have another year plus to wait. Go sit down with a local mortgage broker to discuss you situation for more specific options.

The replies you have seen bring up unanswered questions. If you would like to have a final answer today and rate quote today give me a call direct at 302-449-7373 Mark.. We are approved for all of the major government programs.

If you did a Chapter 7, and did it because of an isolated incident that's been corrected and extremely unlikely to occur again, and can fully document that incident, you can refinance 12 months after the discharge date. Examples of one time incidents are loss of job, or medical.

Yes, but as other have said there is more information needed.

My name is Peter Botros from Omega Financial. We are a Direct Lender Here in NJ. I can help you but need some more info. Call me 908 933 0253 office 347 231 4444 cell or Email me the details of your situation to PBotros@OmegaLoans.net