Rainmaker
4,770,880
4,770,880
Pasadena, CA
Pasadena And Southern California 818.516.4393
John -- it looks like you are in New Jersey, I suggest chatting with John Meussner who is licensed in your state.
Oct 17, 2017 05:51 AM
Upvote
5
-
John Meussner
Fair Oaks, CA
-
Kevin J. May
Hobe Sound, FL
-
Mary Yonkers
Erie, PA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Carol Williams
Wenatchee, WA
Rainmaker
5,774,106
5,774,106
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy
Heed Michael Jacobs advice.
Oct 17, 2017 07:06 AM
Upvote
3
-
John Meussner
Fair Oaks, CA
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
Ambassador
5,189,272
5,189,272
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude
Michael Jacobs has given you the answer I woul
Oct 17, 2017 06:53 AM
Upvote
3
-
John Meussner
Fair Oaks, CA
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
Rainmaker
472,264
472,264
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware
Chapter 13- (FHA) 1 year of the pay out period must have elapsed and payments made on time. Borrowers must receive permission from the courts to enter into a mortgage.
Oct 17, 2017 06:34 AM
Upvote
3
-
Sheri Sperry - MCNE®
Sedona, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
-
Mary Yonkers
Erie, PA
Ambassador
5,519,962
5,519,962
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Yes, this is definitely a lender question, John. Good luck!
Oct 17, 2017 05:33 AM
Upvote
3
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
John Meussner
Fair Oaks, CA
-
Mary Yonkers
Erie, PA
Rainmaker
1,598,552
1,598,552
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent
I don't know
Sep 23, 2018 02:47 PM
Upvote
2
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Valeria Mola
Sunny Isles Beach, FL
Rainmaker
2,071,140
2,071,140
SIB Realty - Sunny Isles Beach, FL
No idea.
Sep 23, 2018 02:46 PM
Upvote
2
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
Ambassador
1,095,230
1,095,230
Catalyst Mortgage - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852
You have to meet FHA requirements, but yes, on the surface, this is doable. If you need some help and/or guidance feel free to reach out at 949-247-7530. I'm licensed in NJ if that's where the property is, along with several other states.
Directly from the HUD sellers guide:
"A Chapter 13 bankruptcy does not disqualify a Borrower from obtaining an FHA-insured Mortgage, if at the time of case number assignment at least 12 months of the pay-out period under the bankruptcy has elapsed."
Oct 17, 2017 10:53 AM
Upvote
2
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Michael Jacobs
Pasadena, CA
Rainmaker
1,543,824
1,543,824
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties
I second a call with John Meussner. I'm not licensed to provide that kind of info, but he is.
Oct 17, 2017 09:34 AM
Upvote
2
-
Michael Jacobs
Pasadena, CA
-
John Meussner
Fair Oaks, CA
Rainmaker
1,466,257
1,466,257
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA
John Everett JoAnn Moore has your answer.
Oct 17, 2017 07:03 AM
Upvote
2
-
JoAnn Moore
Georgetown, DE
-
Mary Yonkers
Erie, PA
Rainmaker
1,012,138
1,012,138
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582
Rainmaker
2,230,538
2,230,538
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker
Ambassador
3,440,419
3,440,419
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services
Make CERTAIN the lender you speak with KNOWS FHA. I strongly recommend that you call Tom Parke, Mason-McDuffie Mortgage.
(415) 828-5004 Tom can do loans in all 50 states.
Oct 17, 2017 07:24 AM
Upvote
1
-
Lyn Sims
Schaumburg, IL
Rainmaker
1,231,853
1,231,853
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor
Kudos, JoAnn Moore for providing your answer. If you are not already following her blog, now is the time.
Oct 17, 2017 07:13 AM
Upvote
1
-
JoAnn Moore
Georgetown, DE
Ambassador
2,714,348
2,714,348
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker
Rainmaker
8,204,484
8,204,484
Retired - Gaithersburg, MD
Discuss this with your trusted local mortgage loan officer.
Oct 17, 2017 06:39 AM
Upvote
1
-
Mary Yonkers
Erie, PA
Rainmaker
2,862,412
2,862,412
people first...then business Ran Right Realty - Riverside, CA
agent & author
Rainmaker
5,585,039
5,585,039
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team
I'm sure you'll get the answer here ... there are many mortgage officers here..
Oct 17, 2017 05:36 AM
Upvote
1
-
Anthony Acosta - ALLAT...
Atlanta, GA
Rainmaker
5,358,994
5,358,994
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker
Rainmaker
4,322,295
4,322,295
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale
Rainmaker
602,081
602,081
American West Realty and Management - Cody, WY
Broker / Property Manager
Rainmaker
3,074,716
3,074,716
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty
Rainmaker
3,986,473
3,986,473
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
Ambassador
6,737,367
6,737,367
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671
Rainmaker
3,988,144
3,988,144
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
I am not a lender and the rules are a moving target but seems the last I asked about a similar situation was the repayment of Chapter 13 had to be 2/3 completed with on time payments and new good credit lines had to be established.
Oct 17, 2017 05:34 PM
Rainmaker
1,756,142
1,756,142
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance
Rainmaker
1,713,581
1,713,581
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties
Rainer
424,833
424,833
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982
FHA you must be 1 year lapsed after the payout. I have 3 lenders who will offer a loan. Rate is not low
Oct 17, 2017 12:22 PM
Rainmaker
4,434,277
4,434,277
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Rainmaker
1,957,372
1,957,372
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®
It appears the sun may be rising for you based on JoAnn Moore 's answer! Good luck!
Oct 17, 2017 08:25 AM
Rainmaker
1,153,799
1,153,799
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida
You've met and successfully leaped the initial hurdles. It's time to speak with a trusted and knowledgeable lender. I don't believe an FHA mortgage will be an issue.
Oct 17, 2017 07:46 AM