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Item ID 2399654 in Category: Real Estate - Mortgage Brokers

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FHA Chapter 13
FHA Chapter 13 refers to using Federal Housing Administration (FHA) loans in the context of a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows individuals to reorganize their debts and set up a repayment plan over three to five years. For those with an FHA loan, Chapter 13 can provide a way to retain their homes while restructuring payments. FHA guidelines permit borrowers in Chapter 13 to apply for a new FHA loan after 12 months of timely payments under their bankruptcy plan, provided the bankruptcy court approves. This option helps borrowers work toward financial recovery and secure affordable homeownership.
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Target State: All States Target City : Arizona City Last Update : Nov 15, 2024 1:45 AM Number of Views: 128	Item Owner : Chapter 13 Mortgages Contact Email: Contact Phone: 08155829066

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USAOnlineClassifieds > Real Estate > Mortgage Brokers > Item ID 2399654

2025-04-23 (0.572 sec)