Tag Archive for: bankruptcy seasoning

Bankruptcy Seasoning Requirements For Mortgages

If you have had to file for a bankruptcy case in the past, you may worry that you will never be able to purchase a property or qualify for a mortgage. Good news! A bankruptcy on your credit report does not automatically disqualify you from obtaining mortgage financing, and your bankruptcy needs to “season” before you can obtain mortgage financing.Read More

Bankruptcy Seasoning Requirements – 0 to 7 Years

Here are the seasoning periods necessary after a borrower files for bankruptcy protection. FHA Financing with 3.5% Down Chapter 7 (Debt Liquidation) BK: 2 years from discharge Chapter 13 (Debt […]Read More