Bankruptcy Buyout Chapter 13 Refinance

August 14, 2008 by · Leave a Comment 

HUD allows Chapter 13 Bankruptcy buyouts, and is subject to your Trustee approval. You will need to show timely payments for a 12 month history with no late Bankruptcy payments, and on time payments for items that were not including in the bankruptcy. FHA Chapter 13 Refinances require that you a 12 month history from when you have [...]

Tagged: bankruptcy, buyout, chapter 13, fha

Mortgage Glossary

July 17, 2008 by · Leave a Comment 

Acceleration clause: a provision that allows the lender to demand full repayment of the total remaining loan balance in the event that a borrower any clauses in the mortgage note. Amenity: home or property features that is beneficial to the buyer. Maybe natural or artificial items such as forest, waterfront, and location or orchard, garden, [...]

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