Bankruptcy and Buying a HomeWritten by Carrie Reeder
Filing bankruptcy is a stressful time in a person's life. Along with discharging your debts and gaining a fresh start, you may wonder if you will be able to buy a home after a bankruptcy. The answer is yes! Mortgage companies and online lenders are now offering home loans for those who have a bankruptcy on their credit report. Some lenders will even approve your loan as soon as one day after your bankruptcy has been discharged.Buying a home after bankruptcy is no longer impossible. There are many reasons a person chooses to file bankruptcy. The loss of a job, unexpected medical bills, and overwhelming credit card debt are just a few of factors that can lead to filing bankruptcy. The mortgage lending industry has created special loan packages and terms for those who have filed bankruptcy in past. Lenders have little to lose in approving a home loan after bankruptcy. With your home serving as collateral for loan, lender can feel confident in approving you for a home loan, often soon after your bankruptcy has been discharged. Filing bankruptcy and buying a home are no longer mutually exclusive terms. Both traditional and online lenders can give you a good interest rate and payments you can afford, even after filing bankruptcy. If you have filed Chapter 11 or Chapter 7 bankruptcy and are wondering if you can obtain a home loan, contact a lender today who specializes in approving mortgages after bankruptcy. Interest rates are currently lower that they have been in decades. Even after filing bankruptcy you can get your new home loan approved and receive a great interest rate. Online lenders and mortgage companies are competing for your business. Do not let a past bankruptcy prevent you from purchasing new home of your dreams.
| | Home Equity Loans OnlineWritten by Carrie Reeder
If you are in market for a home equity loan, consider an online lender. Home equity loans online are fast and easy. You could be approved in just minutes when you apply online for a home equity loan. The online lending industry is highly competitive. Online lenders are offering home equity loans with lowest interest rates in years. When you apply for a home equity loan online, you will be assured of professional service, prompt attention to your questions, and expert advice throughout entire loan process. Applying for a home equity loan online is a quick, simple process. When you complete online application one or more lenders will contact you within hours. Online lenders are mortgage professionals who can assist you in being approved for a home equity loan and will make loan process pleasant and painless. A home equity loan from an online lender is easiest way to get extra cash you need from equity you have built in your home and monthly payments are easy to manage. Home equity loans online are available with varying lengths and terms to make it easy for you to find loan product that will best suit your needs. You can apply for a home equity loan online and be approved in just minutes in some cases. Lenders will contact you shortly after receiving your application to begin approval process. Even if your credit is less than perfect, you can be approved for a home equity loan from an online lender. Online mortgage lenders are eager to approve your loan and will advise you of all options that may be available to you.
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