Chapter 13 Bankruptcy Guidelines on FHA and VA Loans
| | | | |

Chapter 13 Bankruptcy Guidelines on FHA and VA Loans

In this blog, we will cover Chapter 13 Bankruptcy Guidelines. Borrowers can qualify for a mortgage during and after the Chapter 13 Bankruptcy repayment plan. You do not have to wait until the Chapter 13 Bankruptcy has been discharged. Homebuyers who have filed Chapter 13 Bankruptcy are eligible for FHA and VA loans for one…

Manual Underwriting Guidelines on FHA and VA Loans
| | | |

Manual Underwriting Guidelines on FHA and VA Loans

Manual underwriting guidelines for FHA and VA loans are almost identical. VA and FHA loans are the nation’s only two mortgage loan programs that allow manual underwriting on owner-occupant primary residency mortgage loans. HUD, the parent of FHA, is the federal government agency administering FHA loans. Michelle McCue of Gustan Cho Associates is an expert…

HUD Chapter 13 Bankruptcy Guidelines on FHA Loans
| |

HUD Chapter 13 Bankruptcy Guidelines on FHA Loans

HUD Chapter 13 Bankruptcy Guidelines on FHA loans allow borrowers in an active Chapter 13 Bankruptcy repayment plan to qualify for FHA loans while in an active Chapter 13 Bankruptcy repayment plan. The way HUD Chapter 13 Bankruptcy Guidelines state on HUD 4000.1 FHA Handbook is anyone who has filed Chapter 13 Bankruptcy is eligible…