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Once the bankruptcy is filed, all property of the debtor at the time of filing and certain other property to be received in the future, becomes the property of the bankruptcy estate.
A program that reduces the amount of documentation and underwriting that needs to be performed by the mortgage company.
Deciding whether to pay points depends on how long you are looking to keep the loan.
Some second mortgage loans may extend for as long as 15 or 20 years; others may require repayment in one year.
Be sure you understand how much your monthly payments will be and what they cover. Your mortgage company should be able to give you this information in advance.
Veterans who had a VA loan before may still have "remaining entitlement" to use for another VA loan.