A question I am commonly asked is, if I have previously had a bankruptcy can I still qualify for a USDA loan? USDA guidelines state that you need to be 36 months discharged from a chapter 7 bankruptcy. If you have a chapter 13 bankruptcy you are eligible for financing while IN your bankruptcy if you have at least 12 months of on time payments, have the bankruptcy trustee’s permission and your overall credit is acceptable ...
Continue Reading →JUN