is there anyway to get a mortage with a current discharge of november 2011 having a second person on the loan

Sorry, all applicants must meet the loan requirements. Adding someone in this case will not help.

There are various exceptions for BK Discharge Dates, but you must have a full application on file to determine if you and your co-borrower meet the necessary requirements to meet the allowed exceptions. Standard time frame from a Chapter 7 BK would be 2 years in many cases from the Discharge Date. Many other factors are taken into consideration, so I would suggest that you speak to a Mortgage Professional directly so someone can assess your needs in greater detail than what is offered on these Q&A's. Good luck!

If you had a CH-7, you have to wait 2 years.. If you had a CH-13, you only need to wait a year for certain loan products.. Having a 2nd person on the loan is not going to help.. The guidelines apply to all borrowers on a loan.. Not just the profile of the better borrower.. 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

I am assuming you are referring to a discharge from a BK? If so there is no way for you to be on the mortgage loan until you havetwo years removed from the BK and rebuilt credit.

what type of bk did you have?? linda yourloanpartnerforlife@live.com

If the Bankruptcy was a Chapter 13 then yes. If a Chapter 7 then you must wait 2 years. If I can be of assistance please let me know. P: 888-320-7888 - www.MortgagesforAmerica.org - Ken Burrows

Ah, I left off that I assumed you referred to a chapter 7 since a chapter 13 generally assumes you own a home currently thougha few may not. Chapter 7... 2 years after your discharge. A completed Chapter 13 is different.

With sufficient down payment, a qualified person could purchase the property as an investment property. A spouse, or close family member who will live in the property, and who has no BK and has sufficient income, could qualify for the loan. You could be added to title after closing.