Mortage time!

[AfterBkMortgage]

Time from BK

danohio2831, if you have over a 620 and you are less than 12 months from your BK, your rate will only be about .25% higher than someone who has been morethan 12 months since discharge.

[MTG_BANKER_OH]

is there a time limit also you should be in,

if your score is 628 7 months after discharge, would you still get a good rate, even if it is less than a year of discharge?

thanks

dan

I am not saying the rate is great but it is not all that bad considering the circumstances, you can get a loan in the 7's on the first and around 11-12 on the second or around 9% with one loan. Your better rates are come about 2 years out of the BK then you should be able to get close to conforming rates or an FHa loan.