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 Search for: Chap 13 Buyout 570 fico, Need Lender.
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svallance

29 Posts

Posted - 05/12/2008 :  08:52:24 AM
I need a lender for a BK chap 13 buy out?
83% LTV
29% DTI
Maryland
O/O
$141,500 loan amount
570 mid (actually only had 2 scores reporting? 570 and 627)
Payments made on time to trustee and to MTG. I have VOM’s to prove both. 16 months clean!
ichibanbroker

649 Posts

Posted - 05/12/2008 :  09:06:07 AM
Steve, you can do this FHA. There are plenty of lenders. Try Flagstar. MD is a tough state to do Ch 13 buyouts. Good luck!
svallance

29 Posts

Posted - 05/12/2008 :  09:13:28 AM
I have an email into my AE. Just waiting for a responce.
sc312001

986 Posts

Posted - 05/12/2008 :  09:58:52 AM
Less than 36 months in Ch 13 could force you to payoff original credit balance not trustee balance.
svallance

29 Posts

Posted - 05/12/2008 :  12:15:35 PM
Anyone else got have an idea??
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