Posted this in the Bankruptcy forums as well.
I will be looking to do a refinance within a year and wanted some advice to see if it is possible.
- BK 7 Discharged 4/19 of this year and gave up a property in NJ. (I currently live in TX)
- My wife did not file for BK as the debt was all mine prior to us getting married.
- Wife has had the mortgage since 2009 with 0 late/missed payments. I am not on the morgage or the deed of this house. (Yet)
- Home value is lowballed @ $ 300K with the mortgage payoff @ $ 160K
How likely are we going to be able to refinance at a decent rate for a 15 year fixed? Is it also possible for my wife to apply for the mortgage without me?