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qualifyin for a mortgage after foreclosure

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serodriguez05 Joined: 30 Jan 2010 Posts: 1 1.00 Dollars($)	Posted: Sat Jan 30, 2010 10:38 pm    Post subject: qualifyin for a mortgage after foreclosure Like 0 Dislike 0 my foreclosure is from 08/2008, my credit score is 675. when will i gualify for a new mortgage or be able to co-sign on a mortgage?
adonis Joined: 22 Oct 2005 Posts: 10242 Location: ALASKA 1042.50 Dollars($)	Posted: Tue Feb 02, 2010 11:27 pm    Post subject: Like 0 Dislike 0 Welcome serodriguez, After 3-4 years of a foreclosure, you would be able to qualify for a mortgage. As your property was foreclosed in 2008, I don't think you would be able to qualify for a loan. However, I would suggest you to speak to the local lenders and check out if they can help you in this regard. _________________ Procrastination is the enemy of your financial success
TJones0303@gmail.com Guest	Posted: Fri Jun 04, 2010 7:45 pm    Post subject: Question Like 0 Dislike 0 We had a home foreclosed over 3 years ago due to my husband's job loss (health problems) and a Chapter 11 Bankruptcy over 3 years ago. Can I qualify for a housing loan? Would it help to have my father co-sign?
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Fri Jun 04, 2010 9:57 pm    Post subject: Like 0 Dislike 0 Hi TJones, As the property was foreclosed and you went through a bankruptcy 3 years ago, you may be able to qualify for a FHA loan. If your credit or income is poor, then you can ask your father to co-sign for the loan. Thanks
mayareyes Guest	Posted: Tue Jul 06, 2010 8:59 am    Post subject: foreclosed home Like 0 Dislike 0 Hi me and my wife had a forclosed home 2008, since then i have build my credit up, but its still on my report. we have 20% to give down on a new loan and my father as a co-signer is this possible
smithsussane Joined: 18 Sep 2008 Posts: 10020 Location: Alaska 917.78 Dollars($)	Posted: Tue Jul 06, 2010 9:44 pm    Post subject: Like 0 Dislike 0 Hi mayareyes! Welcome to forums! After a foreclosure, you will have to wait for 3-4 years in order to qualify for a mortgage. However, as your credit score has improved and as you'll be able to give 20% down, you may get a mortgage though the interest rates that you may be charged will be a bit higher. Feel free to ask if you've further queries. Sussane
Charlean Clark Guest	Posted: Wed Sep 22, 2010 6:29 pm    Post subject: foreclosure Like 0 Dislike 0 my husband & I have rebuilt our credit, my scores are in the high 600's, however my husband has the income(retired Navy), but he has a foreclosure on his credit, November 2010 will be three years. Is there any lenders that will go by my credit and his income? The home we like to purchase is only $58,000.
adonis Joined: 22 Oct 2005 Posts: 10242 Location: ALASKA 1042.50 Dollars($)	Posted: Wed Sep 22, 2010 9:43 pm    Post subject: Like 0 Dislike 0 Welcome Charlean, It has been three years since your husband filed foreclosure. In that case, both of you can apply for a mortgage in order to buy the property. If your credit scores and good and both of you have a stable income, then both of you'll be able to qualify for a mortgage. _________________ Procrastination is the enemy of your financial success
Donald Guest	Posted: Sat Sep 25, 2010 12:32 pm    Post subject: Aquiring a new mortgage loan Like 0 Dislike 0 Hello! I had a foreclosure 3/2007 as a single person.Since then I have remarried She is a medical billing specialist.In joint we have started a company called jj trash/cleanout doing mortgage foreclosure cleanouts & repair [I do most of the work as my wife works 300 miles east for 10 days then comes home her 4 days off every other week.] We started buying a mini farm last dec thru a private mortage No relative. Not reported on credit reports. How ever We must obtain a larger farm as we have expanded our herd and our jj trash/cleanout we do not have enough land nor buildings. Is there any lender that would do a mortgage loan with my wife having above 760 accross the board but much debt and my having 580 to 637 credit scores and no other debt? Thank-you.
CV69 Guest	Posted: Sat Sep 25, 2010 12:43 pm    Post subject: FORECLOSURE Like 0 Dislike 0 HOW DO I KNOW THE EXACT DATE OF MY FORECLOSURE
adonis Joined: 22 Oct 2005 Posts: 10242 Location: ALASKA 1042.50 Dollars($)	Posted: Sun Sep 26, 2010 9:51 pm    Post subject: Like 0 Dislike 0 To Donald, Your wife has a good credit score. It will be easier for her to qualify for a conventional mortgage. In my opinion, she should apply for a mortgage so that both of you can buy a large farm. To CV, The lender will send you a notice mentioning the date of the foreclosure. _________________ Procrastination is the enemy of your financial success
Marie Guest	Posted: Sun Oct 10, 2010 7:49 am    Post subject: qualifyin for a mortgage after foreclosure Like 0 Dislike 0 Hello, My home was foreclosed on 08/2007, due to a extended leave of absence from work, my son having serious complications from a surgery. I had some items on my credit report, due to me having no income. I have paid off all delinquent/credit collections on my credit report, and they have been removed from my credit report. I have opened 2 new credit cards, combined debt on both cards is 86.00. My fico score has jumped from 486 to 644. Would I now qualify for a FHA loan, and how much should I have for a down payment?
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Sun Oct 10, 2010 10:02 pm    Post subject: Like 0 Dislike 0 Hi Marie, Your query has been replied to in the given page: http://www.mortgagefit.com/foreclosure/loan-700score.html#186413 Take a look at it. Hope it helps you. Thanks

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