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Financial Planning / Living Under Bankruptcy

URL:  http://boards.fool.com/sean-if-your-credit-is-clean-post-bk-you-can-15478039.aspx

Subject:  Re: Reestablishing Credit Worthiness Date:  7/31/2001  2:01 PM
Author:  jsn7 Number:  888 of 1260

Sean,

If your credit is clean post bk, you can qualify at conentional rates on an FHA mortgage. Also, I've heard that you may qualify for FHA financing if you have satisfactorily completed 1 year of your chapter 13 plan. I think this will be your only chance at avoiding subprime interest rates unless, you can make a 30% or so downpayment. Good luck!
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