What’s the least amount of time from the discharge of a BK that someone can do a HECM if they have substantial and documentable extenuating circumstances? Is it one year or two?

HECM refinance, for CH 7 BK must be discharged or dismissed in order to proceed with the HECM mortgage. If less than 1-year, extenuating circumstances must be explained/documented or, a LESA is required.

HECM for Purchase CH 7 BK must be discharged for 2 years. If less than 2 years but not less than 12 months from the discharge date, a LESA is required unless there were extenuating circumstances which caused the CH 7 BK Discharge.