What is the waiting period for FHA loan after a chapter 7?
I filed a chapter 7 after my divorce and gave up my home. The bankruptcy was discharged 2 years ago and I want to know how long I have to wait for obtaining an FHA loan? When does the waiting period begin? by fviegas688 from Garden City, Idaho. Feb 10th 2022
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
The waiting period begins on the day the Court orders the Discharge of your Bankruptcy case. You are not eligible for a new FHA loan until your complete a two year penalty period Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified Mortgage Advisor and Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, MO, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000 - OR - 480-695-9300.
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