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When can I buy a house?

Some mortgage credit is available immediately after you receive your discharge, but a large deposit may be required. Two years after your discharge, your may qualify for the Federal Housing Administration post-bankruptcy mortgage program which finances home mortgages with as little as 3.5% down, and at reasonable rates.

In Chapter 13 Bankruptcy, some clients are able to refinance their homes while they are still in bankruptcy, provided that they have remained current with their mortgage and trustee payments for at least a year. As with all mortgages, you must be able to otherwise qualify for a purchase or refinance.

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