Topic: Non-QM Loans After Bankruptcy With No Waiting Period
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A Chapter 13 payment history can not be use for non-qm, but it is certainly used for FHA & VA.
Many borrowers are surprised they may have a tradeline still open from before the bankruptcy. Many have an account such as an auto loan paid outside the BK plan. We have can help document that if that is the case. If not, we can work with the borrower to secure tradelines. Call us, we can walk you through the process of opening secured cards and credit building accounts and increasing your scores.