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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
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.

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
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FHA Loans 1-Year after a BK or Foreclosure |
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Bad Credit Loans after a BK or Short-Sale |
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Roll Home Loans into a Bankruptcy chapter 7, 13. |
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Cash Refinance with a Home Loan Bankruptcy |
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Get Solid Equity Loan Bankruptcy Advice |
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Low Payments with Interest Only Loan Options for 1st and 2nd mortgages |
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No Mortgage Insurance Required with 2nd loans |
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Sub-Prime Home Equity Loans
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Limited Credit on Home Equity Loan Bankruptcy |
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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.
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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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