FHA Loan After Chapter 7 Bankruptcy Mortgage Guidelines
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FHA Loan After Chapter 7 Bankruptcy Mortgage Guidelines

Government and conventional loans require a mandatory waiting period after bankruptcy. Non-QM loans one day out of bankruptcy does not have waiting period requirements. However, a 30% down payment is required.

VA Cash-Out Guidelines: Save Big on Your Refinance
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VA Cash-Out Guidelines: Save Big on Your Refinance

The Department of Veterans Affairs has lowered the maximum loan to value on cash-out refinance VA loans from 100% LTV to 90% LTV. This was brought on by the VA due to the booming housing market nationwide. HUD, the parent of FHA, also lowered the cash-out loan to value on FHA loans from 85% to 80% LTV.