ABSOLUTELY. Over 30% of my borrowers are folks who are in a current Chapter 13 Bankruptcy Repayment Plan or just recently got their Chapter 13 Bankruptcy discharged. Borrowers can qualify after 12 months into a Chapter 13 Bankruptcy Repayment Plan with Trustee Approval. Needs to be manual underwrite so need to follow manual underwriting guidelines. Verification of Rent is mandatory on all manual underwrites.
Gustan Cho NMLS 873293
USA MORTGAGE NMLS 227262A
A Division of DAS ACQUISITION COMPANY NMLS 227262