If you’re requesting a VA Home Loan after Chapter 13 Bankruptcy, you may be wondering exactly how to go about the process. We are here to help! We know the ins and outs of the Chapter 13 Bankruptcy process. Our mortgage consultants posses a lot of experience in helping individuals just like you obtain VA loans after a Chapter 13 Bankruptcy. There is a light at the end of the tunnel and this journey is easily handled by our mortgage professionals. Let our team do the heavy lifting for you, and your VA loan approval process after your Chapter 13 Bankruptcy. Read on to learn more about how we can help navigate this process on your behalf. See why our customers say we are one of the best bankruptcy mortgage companies when it comes to helping with VA home loans after Chapter 13 Bankruptcy.
Can I Get a VA Loan After Bankruptcy?
The short answer to this question is “yes.”, yet there are multiple steps to take to ensure the loan process progresses as intended. Peoples Bank Mortgage will help you obtain your desired VA loan through a number of methods in which we’re deeply experienced. We’ve helped many others just like yourself to qualify and be approved for VA loans, post-bankruptcy. Read on to learn how to get your mortgage with our assistance.
Why Choose a VA Home Loan After Chapter 13 Bankruptcy?
A VA Home Loan is one of the best loan options on the market. It requires $0 down and doesn’t stipulate the end for a “good” credit score. If your loan is approved, it will likely have more optimal terms and conditions over an FHA or conventional loan. For these reasons, and many more, it’s a wise decision to utilize your VA home loan option.
When Can You Apply for a VA Home Loan After Chapter 13 Bankruptcy?
You’ll become eligible for a VA home loan as soon as one day after discharge and even during your Chapter 13 plan with trustee approval. If you happen to have a foreclosure associated with your Chapter 13 bankruptcy, you’ll have to wait an additional year (total of two years) as this scenario poses a higher risk for lenders, but it is best to review this with your Mortgage Consultant as there are often errors with foreclosures and timing so it is best to have a short call.
A Chapter 13 Bankruptcy can be a life-altering moment for some, yet with our help here at Peoples Bank Mortgage, you’ll be resting easy knowing you’re in great hands. We coordinate the efforts involved in the process of securing a VA home loan after a Chapter 13 Bankruptcy where all you have to do is follow our recommendations and you’ll most likely be approved over time.
How Long After Bankruptcy Can I Get a VA Loan?
After a Chapter 13 Bankruptcy, those individuals who qualify for a VA loan are eligible for a VA loan one year after filing their Chapter 13 Bankruptcy, one day after their Chapter 13 discharge, and two years following a foreclosure. You may also be eligible for a VA loan two years after a Chapter 7 bankruptcy discharge. There are unique case-by-case scenarios which may disqualify or qualify you dependent upon the decision by the determining parties, creditors, and loan officers; but we will place you on a path to success. All in all, Peoples Bank Mortgage will provide the best solutions available to have your approval process expedited and have you in your home as soon as possible.
VA Loan After Bankruptcy & Foreclosure
Even if you’ve had a bankruptcy and foreclosure, we’ll still be able to work with you to determine the next best course of action regarding your VA loan request. At Peoples Bank Mortgage, we have the extensive expertise to produce the results you’re seeking in a relatively short amount of time. Our methods to assist individuals in obtaining VA loans are by far some of the best in the industry, regardless of whether or not you’ve had a bankruptcy and foreclosure. Let us lead the way and you’ll more than likely be able to successfully qualify for your choice of VA loans which will help you start the next, exciting chapter of your life while leaving behind the negative chapter which will soon be a distant memory.
Finding the Right VA Home Loan Bankruptcy Mortgage Company
When working with our team, you’re choosing a company which truly values you as a client. We will do everything in our power to help you with your VA home loan after Chapter 13 Bankruptcy request. We have a team of experts who have many years’ experience in post-bankruptcy efforts. They will strive to provide the ultimate array of options for you and your unique scenario. Be sure to contact us to learn more about our company, our values, our offerings, and how we can help you today. We look forward to hearing from you soon!