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What's my best bet for a loan after bankruptcy - see below

I had a Ch.13 6 years ago and have since been renting. I've had a well paying job for the last 5 but not sure wat type of loan program I can get at this point. Would something like FHA be my only option?
By larswa_ok28734853 from KY Mar 18th 2014
Reply

No depending on your income and credit scores and history since the BK, and as long as you have no lates on your credit since the discharge of the BK you should have the option of either FHA or conventional.

Mar 18th 2014

Hello, well assuming you have at least one open credit card, you should be able to qualify for an fha loan....if you by any chance have 2 open lines or 3, you will have more options, but for the most part, you have to have at least 2 credit scores show up, and we all use the lowest of the 2, if you have 3 scores, we all use the mid score.....we can go as low as 580 with lots of side conditions, but 620 will get the job done. if any interest in chatting or emailing, contact me Steve Karp, check us out on line www.homeloanbank.com

Mar 18th 2014

You may likely have FHA and conventional options. Make sure that you speak with and work with an experienced lender that is willing and able to lay out all of your options and discuss all the pros and cons with you at length. There are multiple factors that go into what is the best way to structure mortgage financing for anyone, but even more so for one in your situation. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is [email protected] and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Mar 18th 2014

Most likely you will have both FHA and Conventional options depending on income, credit and purchase price. Give us a call, we'd love to assist.

Mar 18th 2014

Good Morning Larswa...Well, depending on your current income and your current credit scores, you may be eligable for Conventional, FHA and VA (if you have VA eligibilty), Please contact us to further discuss this... [email protected] or 856-853-1234, we look forward to assisting you with this...

Mar 18th 2014
by

FHA or Conventional would be possible depending on credit scores. The key is re established credit. You need to have ideally no derogatory credit after that event and at least the last 2 years.Feel free to reach out to me as we lend in all 50 states. 877 890 3892 / [email protected]

Mar 18th 2014

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