Consequences to Credit

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Icon Mini Profile tamikaking27




Joined: 15 Sep 2009

Posts: 1

1.26 Dollars($)
PostPosted: Tue Sep 15, 2009 9:05 am    Post subject: Consequences to Credit

1. Do I have to be delinquent to be considered for a deed in lieu of foreclosure

2. If so, how many months

3. What are the consequences to my credit score if I do complete a deed in lieu?
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1735

35.94 Dollars($)
PostPosted: Sun Sep 20, 2009 11:56 am    Post subject:

Most of the lender will look at your loan onl if youare deliquent

How many months will vary from lender to lender

And for sure it will have big impact on your credt

Probably you will loose 300 points
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