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:

• Interest rates fixed for 30 years
• NO out of pocket costs
• Credit score may not be a factor
• You can skip your 1st month's mortgage payment
• 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 there’s 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