Can I get an FHA mortgage in SC with a unpaid judgement that is almost 10 years old?
Can I get an FHA mortgage in SC with a unpaid judgement that is almost 10 years old?
American Express recorded a judgment on me in SC, due to an unpaid $50,000 debt (ran up by ex-wife). Has gone unpaid for nearly 10 years. Credit suffered due to loss of job, divorce, repossessions, debt consolidation, etc. Credit is slowly improving over the last 3 years. Salary now $130K, and FICO rising, currently at 640. $0 debt other than judgment .. and great rental record with references for last 7 years. I wonder if I will ever get a mortgage again?
2 Answers
Votes
Older
Newer
1
It is a long shot - you would have to prove that the debt was past the statute of limitations in your state - if they can no longer legally collect then it isnt a threat to become a lien on the home,
Brian Barnes
Nationwide Mortgage Lender
Brian@Aimwithfocus.com
1
Hello Everyone, I Celina Wheels a single mom from California USA, will like to share this great testimony on how i got my loan from Gordy's Loans when we were driven out of our home when i couldn't pay my bills anymore, After been scammed by various companies online and denied a loan by my bank and other some other credit union i visited. my children were taken by the foster care, i was all alone in the street. Until a day i shamefully walked into an old school mate who introduced me to Gordy's Loans. At first i told her that i am not ready to take any risk of requesting a loan online anymore, but she assured me that i will received my loan from them. On a second thought i took due to my homelessness i took a trial and applied for the loan, luckily for me i received a loan of $50,000.00 from (gordys_loans@yahoo.com). Am happy i took the risk and applied for the loan. my kids have been given back to me and now i own a home and a business of my own. All gratitude goes to Gordy's loans for giving a meaning to my life when i had lost all hope.