{"id":11234,"date":"2012-11-15T10:59:12","date_gmt":"2012-11-15T17:59:12","guid":{"rendered":"https:\/\/fleysherlaw.com\/?p=516"},"modified":"2023-02-22T14:47:47","modified_gmt":"2023-02-22T14:47:47","slug":"mortgage-loan-how-long-before-you-can-get-it-again","status":"publish","type":"post","link":"https:\/\/fleysherlaw.com\/blog\/foreclosure\/mortgage-loan-how-long-before-you-can-get-it-again\/","title":{"rendered":"How Long Before You Can Get a Mortgage Loan Again?"},"content":{"rendered":"\n

As a Bankruptcy and Foreclosure Attorney, I am frequently asked how long after Bankruptcy, Foreclosure, or Short Sale a mortgage loan can be obtained. While everyone's situation is different, the following table is a good overview. It elaborates on the relationship between mortgage loan, and bankruptcy, foreclosure, or short sale.<\/p>\n\n\n\n

Chapter 7 Bankruptcy or Chapter 11 Bankruptcy<\/td>4 Years<\/td><\/tr>
Chapter 13 Bankruptcy<\/td>2 Years from discharge4 Years from dismissal date<\/td><\/tr>
Multiple Bankruptcy Filings<\/td>5 Years if more than 1 filing within the past 7 years<\/td><\/tr>
Foreclosure<\/td>3 - 7 years depending on extenuating circumstances which would require additional documentation<\/td><\/tr>
Deed-in-Lieu of foreclosure-Foreclosure Sale

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Short Sale<\/p> <\/td>

2 years- 80% max LTV ratios4 years- 90% max LTV ratios

 <\/p>

3 years from completion date<\/p>

Greater LTVs can require up to 7 years<\/p> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

If you have questions about foreclosure<\/a>, loan modification<\/a>, bankruptcy<\/a>, or other alternatives, please feel free to call my office at 888-886-0020<\/a>, send an e-mail to emil@fleysherlaw.com<\/a>, or complete the contact form below.<\/p>\n\n\n\n