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spookieb1

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PostPosted: Sun Sep 27, 2009 10:24 am    Post subject: mortgage

can a voluntary repo balance of approx $4500. hurt me getting a mortgage in the future ??
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Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1735

35.94 Dollars($)
PostPosted: Sun Sep 27, 2009 11:18 am    Post subject:

Yes it can hurt your chances of gettign a mortgage in the future

Both Voluntary repossession and Standard repossession will have an affect on yrou credit report

So any such itmes will drge your credit score down and resulting in loew credit score and difficulty in gettign the mortgage loan
Theo Faulhaber

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PostPosted: Tue Sep 29, 2009 3:28 am    Post subject: REPO

Yes! Try to settle or work out a repayment plan for the difference owed.
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