Refi after BK - FHA or HARP

[Anonymous]

Can anyone help with the guidelines regarding these 2 types?  We will be 2 years out of BK on 12/31/09 - our current mtg is with WF, who is no help, as I keep getting different answers.  I was told I could refinance through HARP, regardless of how long ago we were discharged; now I'm being told it has to be 4 years from discharge.  For FHA, I was told we could start the process now, but it can't close until 2 years from our discharge date - now another rep is telling me, we can't even start the process until after 12/31.  Can anyone clear this up?

Thanks!!

[johnsj21]

I don't have an answer for you but you might want to post this over on the mortgage loans threads...you're likely to get more answers there.

[Anonymous]

I wouldn't plan on getting a mortgage anytime soon. Yes FHA says 2 years from discharge date BUT FHA only insures the loan and that is only a guidline. Banks are not lending money Period. Unless you have a ton of equity in your home I wouldn't bet $10.00 that you will be approved by any bank with any program. Whats your fico? If it isn't at least 700 I wouldn't bother trying.