: Most loans for borrowers in an active bankruptcy require manual underwriting , where a human underwriter deeply scrutinizes your financial stability, residual income, and credit recovery. Eligible Loan Types & Waiting Periods
To qualify for a home loan during an active Chapter 13 case, you must generally meet the following federal and lender-specific criteria: buying a house while in chapter 13
: You must obtain a "Motion to Incur Debt" from the bankruptcy court. This requires showing the court that the new mortgage is in your best interest and will not jeopardize your ability to complete your repayment plan. : Most loans for borrowers in an active
