Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

mortgage

Author Message
Icon Mini Profile dollylee9





Joined: 19 Jul 2009

Posts: 63

-0.14 Dollars($)
Post Posted: Sat Oct 10, 2009 8:23 am    Post subject: mortgage
Like 0
Dislike 0

my dad and i are foreclosing the house. his name is solely on the loan, but my name is added onto the title when we refy. is my credit going to be affected and also, will it show in my history record that the house was foreclose?
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sat Oct 10, 2009 8:26 am    Post subject:
Like 0
Dislike 0

If your name is not on the loan, then it shoudl nto affect yoru credti report

But if the house get forclosed, then it will show up on your report
Icon Mini Profile dollylee9





Joined: 19 Jul 2009

Posts: 63

-0.14 Dollars($)
Post Posted: Sat Oct 10, 2009 8:31 am    Post subject:
Like 0
Dislike 0

But as house get foreclosed then how much credit report affects?
How many points it will affected? Can you guide me sunnyca?
Icon Mini Profile eric1
eric1
Community Expert
Community Expert

best lender badge

Joined: 04 Jan 2009

Posts: 1511

226.89 Dollars($)
Post Posted: Sat Oct 10, 2009 8:49 am    Post subject:
Like 0
Dislike 0

dollylee

You cannot possibly be serious with all of these different personal situations. Every one of your posts discusses a different issue that is apparently happening to you.

_________________
Eric JFree Rate Quote, Stated Income Loans
FHA RATE QUOTE
Mortgage Rate Quote
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sat Oct 10, 2009 9:58 am    Post subject:
Like 0
Dislike 0

eric1 I have observed the same thing. I did nto see that this was posted by dollylee and responded
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.067 seconds.