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Facing Bankruptcy?
Going Through One?
You
really do have options.
Chapter 13 - Options through
FHA
Did you know that if you
filed for Chapter 13 bankruptcy at least 12 months ago... that
you may apply for a mortgage -- at bank rates -- AND
potentially discharge your bankruptcy early?
FHA makes it possible.
Other advantages include:
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Interest rates fixed for 30 years
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NO out of pocket costs
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Credit score may not be a factor
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You can skip your 1st month's mortgage
payment
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The only bank rate loan that allows you
to borrow up to 95% of your home's equity
With this
money you can pay off creditors, and in some cases -- if
theres enough to pay the outstanding balance to your trustee
-- you can discharge the bankruptcy in full, early.
Additional
funds can even be converted to cash.
*Some
conditions do apply including timely payment performance since
the bankruptcy.
Chapter 7 - Options through FHA
Did you know that if you
discharged a Chapter 7 bankruptcy at least 24 months ago... that you may apply for a
mortgage -- at bank rates with the same benefits listed
above?
Once again, it's an option only
available through the government's FHA program.
*Some
conditions do apply including
a documented ability to
responsibly manage your financial affairs.
CREFCO is one of the nation's
leading FHA experts and an FHA Approved lending institution.
If you're facing bankruptcy or going through one now, speak
with one of our experts to find out how a better mortgage can
save you time, money, and hassle.
Also See:
Loan Modification
Options
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A Rated! |
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NEVER charge
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clients refer us again and again. |
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