I filed chapter 7 last month. I am unemployed now, so I won't be able to reaffirm my car or house. My mortgage is current. But if I remain unemployed too long, then I won't be able to pay it.
So, this is what I'm wondering. If I do manage to get a new job before I get foreclosed on and stay current on my home loan, would I be able to refinance down the road? I have a VA Adjustable Rate Loan. So, the rate will probably rise in the future. Has anyone done a VA IRRL after a ride-through? Or do you need to do a full blown refinance?
So, this is what I'm wondering. If I do manage to get a new job before I get foreclosed on and stay current on my home loan, would I be able to refinance down the road? I have a VA Adjustable Rate Loan. So, the rate will probably rise in the future. Has anyone done a VA IRRL after a ride-through? Or do you need to do a full blown refinance?