Comments on: Is it possible to receive a $50,000 home loan when you have a bankruptcy only 6 mths old?

By: Kim K

Kim K — Mon, 03 Aug 2009 04:12:07 +0000

You can get a loan 1 day out of bankruptcy at most lenders.

By: ramirolopez75

ramirolopez75 — Fri, 31 Jul 2009 19:25:22 +0000

Need more information in order to give you an accurate answer. It will depend on numerous factors:
- Chapter 7 or 13?
- 6 months since filing or since discharge?
- Your credit score (even though it will be low bc of the BK you still have to have a credit score high enough to qualify for a loan)
- The amount of down payment you are putting down?

By: decemberangel

decemberangel — Thu, 30 Jul 2009 00:13:22 +0000

Dustin

i seriously doubt it. i think it takes 5-7 years for bankruptcy to clear from your credit.

By: AOMGMC77

AOMGMC77 — Wed, 29 Jul 2009 03:45:28 +0000

Jonathan

I don’t know. I am sure certain factors would take into consideration, like do you have down payment $ and how much. Do you have a clean credit record since.

Best is to talk to a mortgage broker.

By: The Scott

The Scott — Sat, 25 Jul 2009 23:59:21 +0000

Dale

sure you cuold get a loan but the interest rate will probably suck