FHA refinance | Chapter 13 BK Bankruptcy
If you are in a chapter 13 Bankruptcy (”BK”), you can refinance to a great fixed rate WITHOUT having to payoff your Ch 13.
The re-fi includes cash out. A lot of people in BK’s have high rates, but with this great tool, those same borrowers can get their mortgage payment down, without draining the equity in their home to payoff the exisiting Chapter 13.
I have closed many BK’s in my career and I can honestly tell you that this is a great benefit for borrowers currently in chapter 13.
Alex Echeandia, Choice Finance Corporation
Tags: cash out refinance, low credit scores, low or no closing costs, New FHA loan limits, refinance arm to fixed rates
March 2nd, 2008 at 10:26 pm
Are you sure about this? Please send me more info, I’ve been a mortgage broker for 17 years and haven’t heard this. Thank you so much for the information…
March 23rd, 2008 at 6:52 pm
currently i have my wife in chapter 13 (mortgage) we are making full payment of $1170.00 to the mortgage company plus 80.00 weekly to the trustee. we are going into the 5th month. can you please help us? thank you
April 23rd, 2008 at 8:12 pm
please call george 4125379589
June 27th, 2008 at 2:57 pm
I would like to refinance right away, We are in a chap 13 and need to refinance so the old mortgage co will stay off our backs. It is making it hard to do the 13 with the threat of the mortgage company. WE are paying $1122.00 to the trustee monthly and 2157 to the mortgage company
July 8th, 2008 at 12:23 pm
Hello Pamela, please contact directly and I can go over all of your options in the Ch 13. my number is 301-881-8900 and email, alex@choicefinance.net
thanks!!
July 20th, 2008 at 2:28 pm
I have been in my chpt 13 bk for 24 months with on time payments the entire time I am paying 2500 a month and it is getting hard for me and my daughter to even eat plz HELP!!!!!
July 24th, 2008 at 3:00 pm
If you are in the Maryland DC VA area, please feel free to give Alex a call for help. He does a great job.
July 28th, 2008 at 11:12 am
i am currently in chapter 13 and need to to refinance my debt soo please help us we are payiing $ 1160.00 and need help pleases call at 985-340- or 985-320- (#’s removed for Jennifer’s privacy)