incaguy37
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There should be no problem getting a mortgage. The bank I work for excuses BK's after 2-4 years depending on the established credit the applicant has after the BK was filed.
If you have a down payment, that would help out as well.
Good luck |
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courtney02908
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Absolutley, I have lenders that will extend credit to borrowers who have been out of Ch. 7 BK for only one day. With your credit being almost 700 and your BK being 7 years old you could get a conventional Fannie Mae Loan with great rates and probably no money down. |
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SCH
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Your credit rating has really bounced back, so you should be OK. You only have 3 years before you actually have the forclosure fall off though and that will really help your interest rate. It just depends on what you want to settle for. You could go with an ARM (adjustable rate mortgage) and probably by the time the forclosure falls off it will be time to refinance to avoid the balloon.
Good Luck! |
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statusquo333
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www.restructureyourmortgage.com specializes in credit repiar you should have no problem getting approved there. Best of luck. |
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shamieya
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Yes. Usually they don't want to see a bankruptcy for the last four years. |
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3Diamonds
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Absolutely! Great job getting your credit back up to speed. If your looking for a excellent mortgage planner, please let me know. You should only be dealing with a Certified Mortgage Planning Specialist who can custom taylor a plan/program to meet your needs. Please feel free to contact me if you need further information. Thank! And good luck. |
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Ken 22
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Absolutly call life mortgage
or E-mail Ken.lifemortgage@gmail.com
You can get a prime rate your BK has no bearing now. |
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Rae
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You shouldn't have any problems as long as your bills are all current and you have a steady work history. |
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marxistharpist
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Yes lender's like to see that you have reestablished your credit after a BK, after 7 years it's something no one looks at. This time be educated and make sure you shop around, don't just jump on a loan because you got approved. Find a broker you can trust and shop around. |
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MamaBear
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You shouldn't have any trouble, but you will probably be subject to higher interest rates because of your score being below 700. Some of it will depend on what kind of bankruptcy (Chapter 7 vs. Chapter 13), how long it has been since the bankruptcy was discharged, etc. Good luck. |
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godged
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Please don't go to losers in here spamming for business.
7 years is alot of seasoning on a bankruptcy, and you are obviously back on track financially with that good credit score. Good job!
Yes, mortgage lenders will look at you and you should have no troubles getting approved. |
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Paul V
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Absolutely, as long as you have a good credit history since and have repaid obligations on time. Go for it!! Now's the best time to buy a house, it's a buyer's market!! |
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redgator40
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in today's market they are a little leery since foreclosures are going thru the roof. but your score is pretty good so i would say absolutely you will get a loan. |
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me &hearts(who else)
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why don't you just call the company |
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