June 23, 2008

FHA & Bankruptcy

Filed under: Bankruptcy,FHA Loan

My husband and I have recently filed for bankruptcy and we want to purchase the home we are living in by 05/2010, it is possible?

Jennifer

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Hi Jennifer,

Two years from the discharge date of a Chapter 7 should be ok for FHA financing and Chapter 13 is one year from filing date. 

Thanks for the questions and hope this helps.

Paul

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