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nikkiyj

1703 Posts

Posted - 08/28/2008 :  2:02:12 PM
Catch....one of the borrowers has a BK Chapter 7 1 year and 1/2 discharged.

Can you use filing date which is September 2006?

email me and let me know. 135K 27K down.
jeff4567

1538 Posts

Posted - 08/28/2008 :  2:04:36 PM
discharge date is what they will go by

FHA requires 2 years since discharge but they will make exceptions over a year with extenuating circumstance
nikkiyj

1703 Posts

Posted - 08/28/2008 :  2:06:36 PM
quote:
Originally posted by jeff4567

discharge date is what they will go by

FHA requires 2 years since discharge but they will make exceptions over a year with extenuating circumstance



yes I know but I want a subprime lender. not FHA thanks
meridian1

375 Posts

Posted - 08/28/2008 :  2:36:19 PM
Nikki try www.prefercapital.com. they are subprime lenders and lend in TN. They do 1 yr bkrptcy discharge.

Here is the rep's info:
Stephanie Matzke
Account Executive
Preferred Capital
TEL 727-418-4189
FAX 800-254-9847
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