Qualifying For Mortgage With Bad Credit And Late Payments

1. Qualification for a mortgage with bad credit: bankruptcy and exclusion
Homebuyers qualifying for bankruptcy mortgages and/or acquisitions must be aware of the situation in which lenders do not want to view late payments after bankruptcy or takeover. All lenders want to restore the loan.
Many times consumers who go bankrupt no longer want to deal with credit
They just want to deal with cash
This is not good
Lenders want to restore the loan after the consumer has gone bankrupt before
Secured credit cards are the best way to restore your loan
Adding a positive bankruptcy loan and/or exclusion will expand the loan search results
There are many cases where consumers who were once bankrupt or excluded were given loans more than 700 years later
That's because they have 3 to 5 secured credit cards
The longer your credit history for secured credit cards, the stronger your credit profile will be
When it comes to bankruptcy assessment and exclusion, this will have less impact on your credit results.
Read more gustancho.com/...
You want to know more, contact The Gustan Cho Team at 262-716-8151 or send a text message for faster response.
Or write to us at [e-mail]. We are available 7 days a week, in the evening, on weekends and holidays.
CHECK IF YOU QUALIFY:
www.gustancho.com
**** Follow me **** on Social Media
1. / thegustanchoteam
2. / alexcarluccimortgage
3. / gustanchoas. .
Be sure to subscribe for more:
/ gustanchoassociates
ALEX CARLUCCI - SVP Mortgage Banker, NMLS# 229891
STATE LICENSES:
Alabama
Colorado - 100511536
Florida - LO40799
Illinois - 031.0026265
Indiana - 38913
Michigan - 229891
Mississippi
Pennsylvania - 72654
Tennessee - 200345
ALL-STATE LICENSES:
Alabama
California
Colorado
Florida
Georgia
Illinois
Indiana
Michigan
New Jersey
Pennsylvania
Tennessee
Texas
Ohio
All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Loan Cabin, Inc. and GCA does not guarantee the quality, accuracy, completeness, or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Loan Cabin, Inc.. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.
#mortgage #mortgageloans #mortgageguidelines #homeloan #mortgagerates #bankstatement #jumboloans #qualifyformortgage #fhamortgage #bankruptcy #foreclosure #mortgageapproval #realestate #streamlinerefinance #refinance #repaircredit #badcredit #investemnt #valoans #nonqmloans #lenderoverlays #creditscores #debttoincomeratios #homeinsurance #buyingahouse #homepurchase #mortgageinsurance #housingmarket #mortgagelicense #coloradomortgage #californiamortgage #floridamortgage #texasmortgage #ohiomortgage #pennsylvaniamortgage #illinoismortgage #indianamortgage #michiganmortgage

[@philiposborn9141]

What if I filed bankruptcy and it’s been discharged for almost 4 years but I have some charge offs around 2 years after the discharge date?