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I filed Chapter 13 Bankruptcy in 2009. Can I qualify for a HUD Home ?

  • August 07 2011 - Snellville
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Answers (3)

Profile picture for srafique
Thanks for your guidance.
  • August 07 2011
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HUD's underwriting rules state that a person in Chapter 13 bankruptcy can purchase a home subject to a FHA-insured mortgage. Requirements are the applicant (1) must have completed one year of payments as required while under Chapter 13 and (2) must obtain a letter from the Trustee of the court, stating the dollar amount the applicant can borrow.

Best of luck!
  • August 07 2011
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I would contact a lender. It normally is a 3 year period though
  • August 07 2011
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