{"specialty":{"slug":"recent-credit-event","category":"borrower_situation","label":"Recent credit event","description":"Borrowers with a recent bankruptcy, foreclosure, short sale or deed in lieu.","synonyms":["bankruptcy","foreclosure","short sale","deed in lieu","chapter 7","chapter 13","credit event","recent bankruptcy"],"why_hard":"Waiting periods differ by program and event, and some non-QM lenders accept events just one day out.","questions_to_ask":["What waiting period applies to my event for each program?","Do extenuating circumstances shorten the wait?","What non-QM options exist if I cannot wait?"],"canonical_url":"https://lendb.ai/s/recent-credit-event","api_url":"https://lendb.ai/api/v1/specialties/recent-credit-event"}}