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Voluntary reposession

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Icon Mini Profile smmadteam





Joined: 21 Feb 2011

Posts: 1

1.31 Dollars($)
Post Posted: Mon Feb 21, 2011 10:02 am    Post subject: Voluntary reposession
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1. I am working with a single mother that did a voluntary repo two years ago and was wondering how long does she have to wait before she can purchase another home?

2. I work with several single mothers that are working and want to purchase. Also, I work with a independent Broker and I close the loans and was wondering how can we be a part of your network in providing you customers.


Thank you so much in advance for your support.
Icon Mini Profile jerry
jerry
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Joined: 17 Oct 2005



Posts: 2708
Location: MICHIGAN
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Post Posted: Tue Feb 22, 2011 1:51 am    Post subject:
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Hi smmadteam,

As far as I know, you'll have to wait for 2-3 years after a repossession in order to buy a home. This community has a large number of lenders. You or your clients can seek a no obligation free mortgage quote from them in order to find out whether or not they can qualify for a mortgage.

Thanks,

Jerry
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