Forgotten Your Password?

Need to Register?

Question Icon

Can you do a cash out refinance fha after 1 year of chapter 13 discharged

by silvia.b.silva476 from Miami, Florida. 6 days ago Reply


Pamela Gordon (pam@thegordongroupinc.com)
#63 ranked lender in Florida - 8 contributions

That would depend mostly on your credit score. If your score has gone up to 620 or higher it should be possible to do.

5 days ago
0
0
Carlos Eliseo (carlos_186_486)
#148 ranked lender in Florida - 14 contributions

Yes, if your ratios are within the guidelines, and you have established credit. An explanation for the cash-out will be required by UW.

5 days ago
0
0
John Burke (jburke)
#2 ranked lender in Texas - 179 contributions

Hi Silvia.b.silva476,Yes you can but it will be a manual underwrite & you'll have to demonstrate that you've re-established your credit. The other big question will be how your mortgage is reporting. | Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states

5 days ago
0
0
Subscribe to our news feed.