Madison Life After Bankruptcy Attorney: Buying a Home
Milwaukee ● Madison ● Oshkosh ● Green Bay ● Sheboygan ● Racine & Kenosha
You can purchase a home after filing bankruptcy. The experienced bankruptcy lawyers at Debt Advisors, S.C. have helped our neighbors in the communities we serve across Wisconsin find a fresh start through bankruptcy.
Contact us at any of our four offices for solid advice to help you build a better financial future.
What You Need to Know to Buy a House after Bankruptcy
Most people who filed for bankruptcy don't have the twenty percent down payment needed to get a home loan at a competitive interest rate.
While a bankruptcy stays on your credit report for ten years, there are mortgage lenders willing to work with buyers seeking home loans after bankruptcy. Important points to remember include:
- A stable employment history
- A sufficient income to pay the mortgage
If you want to buy a home after bankruptcy, be wary of subprime lenders. Avoid their excessive processing fees and prepayment penalties. Financial discipline and a good down payment will open you up to a range of affordable options.
Discuss Your Options Today with Our Wisconsin Bankruptcy Lawyers
When you need assistance to buy a home after bankruptcy, contact Debt Advisors, S.C. at one of our offices in Milwaukee, Green Bay, Madison or Oshkosh.
We are a Debt Relief Agency. We help people file for relief under the Bankruptcy Code.
