Refinance after bankruptcy

You'll likely have to use an FHA loan but depending on the details it could be possible. Your score is fine but BK adds a significant layer of caution to the approval, be prepared to provide a lot of documentation and explanations for the BK. It will also depend on when the BK was filed and whether you have "reestablished credit" since it was discharged - that will be important. Accounts showing a positive payment history.

This maybe a loan that can be done- It will be dependent on the current value of your home. You may be able to only refinance the 1st . Has their been any lates on any of your revolving credit after your BK? For more information e mail me at pete.bass@everbank.com- I would happy to assist you:)

I have a great loan officer referrral for you in CA . Email to yourloanpartnerforlife@live.com linda she has a great source of lenders .

A chapter 13 discharged last year should not be an issue if you meet all the other qualifications.

Good Morning,FHA will allow you to complete the refinance after 1 year from discharge. If you are still paying the debt, you will need to get permission from bankruptcy court/trustee.I work for Mountain West Financial, Inc. We have been a Calfiornia lender for 25 years, and I have been with them for 17 years. I would be happy to help.Please contact me at 800.800.5378, or go to www.homeloans-ca.comThanks,Ben Holloway

All conforming loan programs have mandatory waiting periods after a significant derogatory event.. FHA has the "Back to Work" program which allows you to purchase 1 year out of a BK, but they don't allow you to refinance using this program.. you will need to wait 2 years before applying using FHA, and 4 years for conventional. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Hi MLOSBORNE,I just finished doing a loan with a score of 609 - just out of BK (7 & 13). I'm a loan broker and have lots of lenders at my disposal. Give me a call at 510-332-3282. I'm in California as well.Linda