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can I refinance after chapter 7 bankruptcy

by lab5301824 from Saint Louis, Missouri. Jul 12th 2015 Reply


Bartolomeo Castelli (BartCastelli)
#32 ranked lender in Missouri - 1,056 contributions

One can usually refinance after a Chapter 7 Bankruptcy after two years, but there are exceptions that can bring this down to 12 months. Various factors will be reviewed to see how well credit has been re-established and that there are no issues after the Discharge date. I am here in St. Louis and will be happy to sit down with you to go over the various options, or you can give me a call at 314-744-7806 or visit my website at www.CallTheMoneyMan.com.

Jul 12th 2015
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Sara Deere (Saraloveshomeloans)
#39 ranked lender in Kansas - 511 contributions

I agree with the previous stated answer to your question. If you need a second choice of options, you can contact me at 816-739-6279, Sara

Jul 12th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,041 contributions

It really depends on which loan product you have now and how long it's been since your BK 7 was discharged. For FHA & VA, the mandatory waiting period is 2 years so long as you did not include another mortgage, then it would be 3 years.. For conventional, it's 4 years, but there is a provision for extenuating circumstances which allow for 2 years, but I've never seen this exception get accepted. The 12 month exception is for purchasing a home only (FHA's Back to Work) refinance transactions are excluded. 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

Jul 13th 2015
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