Bankruptcy Mortgage Loan Information

If you feel you are ready to apply for a home loan after bankruptcy, please read the following information below.

Please note that you cannot be approved for a loan under the following circumstances:

1. If you are in a bankruptcy currently.

2. If you had a bankruptcy discharged less than 24 months ago.

3. If you had a foreclosure less than 36 months ago.

4. If you are applying for a home loan for a mobile home.

5. If you are applying for a home equity loan.

Please also note that there are no exceptions to the above criteria. Meeting the above criteria does not mean that you will be approved for a home mortgage. Your loan application will be taken by a lender and process in accordance with current underwriting guidelines.

If you would like to understand the post bankruptcy mortgage lending process and increase your chances of getting your loan approved the first time, we recommend purchasing The Bankruptcy Mortgage Book , which is a step-by-step guide to bankruptcy recovery and home ownership.  This book shows you how to take the first and every subsequent step, including sample letters and contact information for all 3 credit bureaus. Click here to go to The Bankruptcy Mortgage Book website .

If you wish to have professional help with repairing your credit, please visit this link to our designated credit repair firm, Lexington Law .  Lexington Law is a law firm specializing in credit repair and they have the legal knowledge to make it happen.  They charge our customers minimal fees for this service. Click here to visit the Lexington Law website.

Apply for a home mortgage online
(You will be directed to Home Loan, Inc - our affiliate partner)

 

 

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