Bankruptcy Earnest money deposit Loan Officer 
Rochester Real Estate
NOVEMBER 5, 2015
Did you know if you file a Chapter 13 bankruptcy, you can immediately apply for an FHA loan? If you have filed a Chapter 7 bankruptcy, the wait is only 2 years. Not only could a delay cost you your dream home, but also the earnest money you put down on it. Happy house hunting!
HomeLight
JUNE 30, 2022
Lenders will also want to know if you’ve ever declared bankruptcy or owned a house that went into foreclosure. Transaction details: the purchase agreement and a copy of your earnest money deposit. Additionally, you may qualify for a conventional loan with as little as 3% down. Bank statements. W-2s or 1099s.
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