Need lender suggestions (other than FHA). Owner occupied, single family; BK discharged 01/01. 4 trades opened since BK; all 0×30, including mortgage. New mortgage as of 01/01; previous mortgage was paid by my client when parents became terminally ill. Last refi was to buyout co-heirs and home improvements. Need 85% LTV with escrows, rate/term refi. Credit scores are 608/616/601. Job and residence stability (5+ years). Current rate is 12.75%, fixed. client wants rate close to conforming.
Search Results Category: Chapter 13 BK
Refinancing during a bankruptcy?
I have a customer that is in current in a Chapter 13 BK. They state that their mortgage company is not working with them, stopped escrowing insurance without customer’s knowledge, etc. They don’t care about the rate, they just want to get away from their current mortgage company. I cannot even touch this loan, but was wondering if there is anyone out there who can. Please let me know.
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