Introduction
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People, after bankruptcy, often lose hope of getting the loan. However, you can qualify for FHA 203K Rehab loans after bankruptcy. This presentation will guide to qualify For FHA 203K loans in Massachusetts after bankruptcy.
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❖ When Can You Qualify?
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A home purchaser can qualify for an FHA 203K Rehab Loan after a Chapter 13 bankruptcy. After filing the bankruptcy, you will have to wait for 2 years. Chapter 13 bankruptcy enables individuals to repay all or part of their debts. The waiting period after foreclosures and bankruptcy apply to qualify for FHA 203K loans.
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Borrowers can qualify for an FHA Loan after a Chapter 13 Bankruptcy discharged date with no waiting period only per manual underwrite. Thus, you do not need to lose hope of getting a loan after bankruptcy.
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To know more on how to qualify for 203k loans after bankruptcy click here : https://www.drewmortgage.com/qualify-for-fha-203k-loans-after-bankruptcy/
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DREW MORTGAGE BRANCH OFFICES: Drew Mortgage Associates 196 Boston Turnpike Road Shrewsbury, MA 01545 Phone: 508-753-1656 Website: https://www.drewmortgage.com/
Peabody Mortgage Lenders 1 Mt Pleasant Drive Peabody, MA 01960 Phone: (978) 750-1080
Boston Mortgage Lenders 232 Commercial St Boston, MA 02109 Phone: (617) 523-3060
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