Quote:
Originally Posted by Deaf Mortgage
Wells Fargo allows people one year after bankruptcy.
Its Wells Fargo insider that has that program. Its just a FYI. Brokers will not get that loan for you. Only Retail of Wells Fargo can give you that loan. Again... I can't promise from us.
Most lenders requires 2 or 3 years after bankruptcy. We never require full 7 years before buying another house. Its stay on your record for 7 years then on the file for up to 10 years.
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Really, I didnt know that. We realized that house marketing are very bad in Colorado because many houses been not sold. There have too much new build homes. We are glad that we didnt own a house because many used homes are so hard to sell. If We own our old house, we might want a new build home then will be stuck with two house. Forget it. That why we are glad that we dont own a house.