Home Equity Loans & Mortgages After Bankruptcy

Taking out a 2nd mortgage or equity loan after a bankruptcy are great home financing tools for borrowers to rebuilding credit; get cash out and save money by consolidating debts. Consider taking out a new home equity loan even if you have a past BK, foreclosure or simply low credit scores. We help homeowners get back on track by refinancing adjustable rate debts and consolidating revolving credit that often help significantly by increasing the fico scores within a few months.

Take advantage of our expanded sub-prime loan programs and apply for a bad credit mortgage today. BD Nationwide can help you locate lenders and banks that provide home loans after bankruptcy.

No Cost to See Loan Offers from Competitive Lenders

Mortgage with Bad Credit

There is no reason why you should not apply for a home equity loan after a bankruptcy if you have the ability to show the underwriter that you reestablished credit and made your monthly payments on time since the bankruptcy was discharged. Take a few minutes and complete the short form above to find lenders offering equity loans for poor credit or a bad credit HELOC after a bankruptcy.

Looking for a Home Equity Loan After a Chapter 7 BK?

If your bankruptcy has been discharged, then BD Nationwide can help you locate second chance loan opportunities. Regardless of your credit history, we can assist you determine what it takes to qualify for a mortgage after your bankruptcy was discharged. Take a second and convert your adjustable rate debt into a fixed simple interest loan for lower monthly payments. Consider the possibility of a home equity loan after a chapter 7 bankruptcy.

home loans after a bankruptcy

Top 3 Reasons a Home Equity Loan Can Help Prevent a Bankruptcy

1. Pay off Credit Card Debt and Past Due Loans – Using your equity is usually a wise way to reduce monthly obligations because in most cases the interest rates are lower. The fixed, simple interest saves you money over the variable interest that revolving debt attaches itself to.

2. Installment Loans Help Consumers Raise Their Credit Scores –Yes equity loans are installment loans with fixed rates, terms and set monthly payments. When you make your payment on time each month it helps lift your fico scores and rebuilds your credit profile, so you can qualify for the lowest rates in the marketplace.

3. Access to Money Protected by Tax Deductions – Homeowners are blessed with quicker access at more affordable rates with home equity loans. In most cases, the IRS allows people to deduct the interest they pay on their equity loan.

Home Loans after a Bankruptcy

FHA Loans 1-Year after a BK or Foreclosure

Bad Credit Loans after a BK or Short-Sale

Roll Home Loans into a Bankruptcy chapter 7, 13.

Cash Refinance with a Home Loan Bankruptcy

Get Solid Equity Loan Bankruptcy Advice

Low Payments with Interest Only Loan Options for 1st and 2nd mortgages

No Mortgage Insurance Required with 2nd loans

Sub-Prime Home Equity Loans

Limited Credit on Home Equity Loan Bankruptcy
Home Equity Loan after Bankruptcy

Bad Credit Mortgage Tips: Bankruptcy Versus Debt Consolidation Loans
In the past, struggling debtors behind in payments with no solution in sight could file a Chapter 7 bankruptcy and eliminate any unsecured loan. With the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 now in effect, filing a bankruptcy is not the easy answer it used to be. There are many new laws regarding writing off 2nd mortgage liens and debt forgiveness for HELOCS and home equity loans in a bankruptcy.


Resource Tools

Loan Comparison Calculator
This calculator will help you to compare the total mortgage interest charges of 4 types of loans.

Bad Credit Equity Loans.
With rising property values and new lending laws, many homeowners are reconsidering a home equity loan after a bankruptcy. BD Nationwide announced several new mortgage options for people with less than perfect credit.

New Home Equity Loan Programs Pending home sales is the strongest we have seen in the last three years. Last quarter we saw a 6.4% rise in house sales and this has helped increase equity for the average homeowner in the U.S.

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Home Improvement Loans | Home Equity Refinance | Stated Income Home Loans | Low Closing Cost Loans | Home Equity Lines | Bad Credit Equity Loan Programs | Bad Credit Refinance | Second Chance Mortgage | Subprime Loans | Bad Credit History Loan with a FHA Mortgage
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no loans can be guaranteed as loans and rates are subject to change. BD Nationwide was affiliated with national lenders and a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright © 2001 and Beyond, - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved. Not all homeowners will be approved for home equity loans after a bankruptcy.