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Buying or Selling a Home/Buying A House Under Chapter 13
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Question
If I go under chapter 13 and I have very good income and I make 12 consecutive payments under the bankrupt it is possible to get an FHA loan for a house?
Thank you
Hi Hector,
I’m sorry, but I do not have any expertise in what is required for obtaining an FHA loan after filing bankruptcy. This question should be directed to a lender who will be familiar with guidelines required by an underwriter.
I would suggest calling a reputable lender who handles FHA loans and present your questions to the lender who should be able to help you.
Good luck to you, and feel free to write again if you have another real estate question I might can answer.
Regards,
Elizabeth
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liznarr
Expertise
I can answer questions relating to the purchase and/or sale of residential homes and land, including what a really good agent should be expected to do and/or not do; where to turn when problems occur; and questions regarding disclosure. I`m a Licensed Realtor in the Southeast since 1984 with designations of Broker, GRI, CRS, and CBR (Certified Buyer Representative). Current active and Life Member of Million Dollar Club, Certified by State Real Estate Commission to teach Pre-Licensing and Continuing Education courses, specializing in Agency. Currently serving on Grievance and Professional Standards Committees, and Education Committee in past.
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