1. FHA Versus Conventional Loan After Bankruptcy And Foreclosure * Home buyers can qualify for a mortgage loan after bankruptcy, foreclosure, deed in lieu of foreclosure, short sale.
- However, there are mandatory waiting period after bankruptcy and foreclosure with government and conventional loans
- There are major waiting period differences with FHA Versus Conventional Loan After Bankruptcy And Foreclosure
- Home buyers who are intending on getting a home purchase mortgage loan and after bankruptcy and foreclosure need to meet the mandatory waiting period mortgage guidelines
* We will cover the waiting period guidelines of FHA Versus Conventional Loan After Bankruptcy And Foreclosure.
2. No Waiting Period After Bankruptcy And Foreclosure Loan Programs
NON-QM Loans are non-conforming loans that do not have to meet waiting period mortgage guidelines and have no waiting period requirements after bankruptcy, foreclosure, deed in lieu, and/or short sale. However, 10% to 20% down payment is required.
Borrowers who need to qualify for mortgage loans after bankruptcy and foreclosure, please contact us at Gustan Cho Associates at 262-716-8151 or text us for faster response. Or email us at gcho@gustancho.com. We are available 7 days a week, evenings, weekends, and holidays.
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