Posted by: admin in chapter 13 bankruptcy help on
Sexxxy Scorpio asked:
How long do you have to wait to try and purchase a home after filing Chapter 13?… What or where are the banks that will finance a mortgage while in a Chapter 13?…
Tags: Banks, scorpio, chapter 13 bankruptcy, dou, Filing Bankruptcy, Filing Chapter 13 Bankruptcy
Probably 7-10 years assuming you keep your credit clean and you put down a substantial down payment. Good luck.
You aren’t going to get a loan while you are in Ch. 13. When it is completed and you have two years clean experience, you may find a lender who will do it.
Be sure to pay all bills very promptly. Utility and rent payments will help establish credit worthiness.
Get to know a local banker. Let them know your long-term plans. Don’t ask for anything now but check with them a year later. Stay in touch. Handle all your bank accounts very responsibility. You can’t afford any time of error.