how can i get mortgage in my name with bad credit

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Icon Mini Profile lanielane21




Joined: 03 Nov 2009

Posts: 1

1.27 Dollars($)
PostPosted: Tue Nov 03, 2009 7:46 am    Post subject: how can i get mortgage in my name with bad credit

I have a home that has been deeded over to me,through a divorce. the house is not in my name. My credit is not good, i am currantly going through a bankruptcy,because I almost lost the house. In order to keep it i went this route. how can i get the house in my name
Icon Mini Profile sonjakracine




Joined: 24 Oct 2007

Posts: 73
Location: Lafayette,IN
14.50 Dollars($)
PostPosted: Tue Nov 03, 2009 8:30 am    Post subject:

The short answer is you can't. You will need to be 2 years out of bankruptcy to qualify for a loan and even then you will have to maintain certain credit scores. You have ownership in the home but whoever's name is on the mortgage note will still be responsible for making sure the payments get made..
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Sonja Racine
Home Mortgage Consultant
www.wfhm.com/loans/sonja-racine
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