FHA Chapter 13 (Real Estate - Mortgage Brokers)

Item ID 2798393 in Category: Real Estate - Mortgage Brokers

FHA Chapter 13
FHA Chapter 13 refers to using Federal Housing Administration (FHA) loans in the context of a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows individuals to reorganize their debts and set up a repayment plan over three to five years. For those with an FHA loan, Chapter 13 can provide a way to retain their homes while restructuring payments. FHA guidelines permit borrowers in Chapter 13 to apply for a new FHA loan after 12 months of timely payments under their bankruptcy plan, provided the bankruptcy court approves. This option helps borrowers work toward financial recovery and secure affordable homeownership.
Related Link: Click here to visit item owner's website (1 hit)

Target State: All States Target City : Arizona City Last Update : Nov 15, 2024 1:45 AM Number of Views: 24	Item Owner : Chapter 13 Mortgages Contact Email: Contact Phone: 08155829066

Friendly reminder: Click here to read some tips.

2024-12-04 (0.391 sec)