---

old California tax lien

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
shawnca66 Guest	Posted: Thu Nov 18, 2010 12:29 am    Post subject: old California tax lien Like 0 Dislike 0 I have an old California state tax lien on my credit report, from 1994, that hasn't been extended by California. It hasn't been paid, but since it hasn't been extended, they can no longer try to collect on it. I want to get my first home loan. It only shows up on one credit report, Equifax. My credit scores are 699, 723 and 673. What are my chances or getting a home loan, and if so, a fairly good rate? Everything else, is good to excellent, credit cards and car payment paid on time for years. Thanks! _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
dipaligopale Joined: 25 May 2010 Posts: 790 22.70 Dollars($)	Posted: Thu Nov 18, 2010 9:19 am    Post subject: Like 0 Dislike 0 Hi shawnca66, Welcome to mortgage fit, Getting mortgage is not solely dependent on credit score,rather work history,income proof also does matter while approving the loan.You do stand good credentials to avail the mortgage despite of the lien... With below mentioned table you could get some idea regarding interest rate variation w.r.t. credit score... 760 to 850 tier 5.780% 700-759 tier 6.002% 660-699 tier 6.286% 620-659 tier 7.096% 580-619 tier 8.583% 500-579 tier 9.494% So with this data you may get approximate idea how credit score does affect the interest rates charged for the deal...This data is not the actual rate available at current market price rather this is just an illustrative example for the sake of understanding ... Feel free to ask any further query if you have......... DIPA _________________ 1.The best of intentions must still have directions !--Unknown author 2.When I hear somebody sigh, "Life is hard," I am always tempted to ask, "Compared to what?" - Sydney J. Harris

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0