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Can I buy a house while currently in the repayment period of a CH. 13 Bankruptcy?

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September 14 2012 - Redding
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It will depend on if you can get a loan, there is no restriction to the buying process if you have cash, but if you need to borrow you need the blessing of a lender. My guess is that a loan for you will be difficult. Speak to some lenders.

Tim
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September 14 2012
For an FHA loan you would be eligible, subject to all the following documentation:

- Evidence borrower is at least 12 months into payment plan
- Evidence of payment amount and that all payments have been made on time
- Evidence of court permission to enter into a mortgage
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September 14 2012
 
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  • Posted by jkroberts16
  • In Mortgage
  • September 14 2012
Mortgage Rates
 
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