top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Purchasing a mobile home after Chapter 13

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Purchasing a mobile home after Chapter 13

    I have read a lot here about getting a mortgage after bankruptcy and how long you usually have to wait. What about getting a loan for a mobile home? Is it harder or easier to get a loan for a mobile home after Chapter 13? How long do you usually have to wait and how much of a down payment do you need?
    Paula61

    #2
    You can qualify for a home loan while in chapter 13. If your looking to purchase a mobile home it adds an additional layer of risk. Most lender do not like to lend on mobile homes, but there are some that do. It would have to be a doublewide for most lenders. You need at least 12 payments made to your trustee to qualify. Any other questions feel free to ask .

    Jon

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X