+1 vote
asked Feb 7 in FHA Loans by anonymous

1 Answer

0 votes
Absolutely.  Both FHA and VA allow borrowers in a Chapter 13 Bankruptcy to qualify for FHA Loans and VA LOANS during Chapter 13 Bankruptcy Repayment Plans. It needs to be a manual underwrite.  Borrowers need to have passed the 12 month mark in a Chapter 13 Repayment Plan. 580 minimum credit scores. 3.5% down payment.  Trustee Approval.  99% of trustees approve. I do these types of loans all the time.  Please don't hesitate to contact us if you have any questions.  

Gustan Cho NMLS 873293
Branch Manager
The Gustan Cho Team at USA MORTGAGE
www.gustancho.com
answered Feb 7 by GustanCho (97,660 points)

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